Turn Benefits Into Long-Term Value
A Guaranteed Group Life Program using Indexed Universal Life (IUL) policies designed for full-time employees.
What is Guaranteed Issue Group Life?
A corporate-owned life insurance program that provides guaranteed coverage for employees while building long-term value for both the organization and its workforce.
Converts a traditional benefit expense into a long-term balance sheet asset
Addresses employee retention without increasing cash compensation
Provides guaranteed protection while creating future capital optionality
Why Choose Guaranteed Issue Employer-Owned Life Insurance?
Guaranteed Issue (GI) Employer-Owned Life Insurance gives employers a simple, underwriting-free way to provide meaningful employee benefits—while simultaneously creating a long-term financial asset on the company’s balance sheet. This customizable program strengthens attraction, retention, and motivation, while giving the employer a flexible capital reserve pool and built-in cost-recovery opportunities.
No Medical Underwriting. Immediate Participation
Offer life insurance and living benefits to eligible employees—without medical exams, health questions, or individual underwriting. Guaranteed Issue ensures broad employee participation, removes enrollment friction, and allows employers to deliver a high-impact benefit to a wider workforce, including employees who may not qualify for traditional individual coverage.
Employer-Owned Asset & Capital Reserve Pool
The policy is owned by the employer and designed to build long-term cash value that can be accessed by the company. Over time, the program creates a corporate asset that can serve as a flexible capital reserve pool—supporting cash flow needs, internal financing, benefit funding, or long-term balance-sheet planning, while remaining fully aligned with employee benefit objectives.
Attraction, Retention, Motivation — with Cost Recovery
Employees receive meaningful life insurance protection and built-in living benefits at no personal cost, improving perceived total compensation and financial security. For the employer, the structure allows for potential recovery of benefit costs through policy values and death benefits—making the program highly scalable, customizable, and capable of supporting multiple goals, including retention incentives, executive benefit layers, and long-term cost management.
The Guaranteed Issue Employer-Owned Group Life Process
This program is designed to be simple for employees and strategically powerful for employers. The employer owns and controls the policies, while employees receive valuable protection and living benefits—without medical underwriting, enrollment friction, or payroll complexity.
01
The company sets up and owns the Guaranteed Issue life insurance program
02
Benefits are fully customizable to reward tenure, performance, and retention
03
Cash value builds
as a corporate asset and can be accessed strategically
Why It Matters
Aligns employer and employee incentives
Creates retention without bonuses or annual renegotiation
Delivers a combination of risk protection, capital accumulation, and flexibility
Positioning
This is not just a benefits decision — it is a retention, capital, and risk management strategy embedded into the balance sheet.
Guaranteed Issue Group Life Insurance
This overview explains what to expect when implementing a Guaranteed Issue Group Life Insurance program— from initial evaluation to ongoing servicing.
Phase
Step
What Happens
What You Provide
What You Receive
Scoping
We review your goals, company size, and current benefits to confirm fit.
Basic company info
High-level strategy overview
Scoping
We collect a simple census and design preliminary coverage and pricing ranges.
Census
Preliminary plan design + budget range
Plan Design
We obtain guaranteed-issue quotes and finalize coverage structure and pricing.
Final census approval
Carrier comparison + final proposal
Implementation
We prepare application forms required to be completed and signed by employees and employer
Signed application forms
Application form packet
Implementation
Policies are issued and coverage becomes active.
Final approval
Policy certificates
Servicing
We handle changes, new hires, billing questions, and claims support.
Updates as needed
Ongoing service support
Servicing
We review pricing, participation, and benefit adequacy each year.
Updated census
Annual review + renewal options
Step 1: Intro Call
Scoping
Step 1: Intro Call
Scoping
What Happens
We review your goals, company size, and current benefits to confirm fit.
What You Provide
Basic company info
What You Receive
High-level strategy overview
Step 2: Data Intake
Scoping
Step 2: Data Intake
Scoping
What Happens
We collect a simple census and design preliminary coverage and pricing ranges.
What You Provide
Census
What You Receive
Preliminary plan design + budget range
Step 3: Carrier Quotes
Plan Design
Step 3: Carrier Quotes
Plan Design
What Happens
We obtain guaranteed-issue quotes and finalize coverage structure and pricing.
What You Provide
Final census approval
What You Receive
Carrier comparison + final proposal
Step 4: Setup & Materials
Implementation
Step 4: Setup & Materials
Implementation
What Happens
We prepare application forms required to be completed and signed by employees and employer
What You Provide
Signed application forms
What You Receive
Application form packet
Step 5: Go-Live
Implementation
Step 5: Go-Live
Implementation
What Happens
Policies are issued and coverage becomes active.
What You Provide
Final approval
What You Receive
Policy certificates
Step 6: Ongoing Support
Servicing
Step 6: Ongoing Support
Servicing
What Happens
We handle changes, new hires, billing questions, and claims support.
What You Provide
Updates as needed
What You Receive
Ongoing service support
Step 7: Annual Review
Servicing
Step 7: Annual Review
Servicing
What Happens
We review pricing, participation, and benefit adequacy each year.
What You Provide
Updated census
What You Receive
Annual review + renewal options
Program Benefits Overview
Category
Employer Benefits
Employee Benefits
Balance Sheet Impact
Premiums create a corporate-owned asset (cash value)
Cash value grows tax-deferred
Appears as a long-term asset, not a sunk cost
No impact to personal balance sheet
Capital & Liquidity
Future access for liquidity, acquisitions, buy-sell funding, executive benefits, and cost recovery
Funding Flexibility
Can be self-funded or premium financed
Preserves operating cash
Flexibility to pay down, refinance, or unwind
No out-of-pocket cost
Retention & Stability
Benefits are non-portable
Creates "golden handcuffs" without bonuses
Scales cleanly with growth
No annual renegotiation
Incentive to stay long term
Rewards tenure and loyalty
Predictable benefit
Risk Management
Guaranteed life coverage across the employee workforce
Reduces key-person exposure
Predictable costs and guarantees
Guaranteed life insurance protection
No medical underwriting
Coverage regardless of health status
Balance Sheet Impact
Premiums create a corporate-owned asset (cash value)
Cash value grows tax-deferred
Appears as a long-term asset, not a sunk cost
No impact to personal balance sheet
Tax Treatment
Potential interest deductibility depending on structure
Balance Sheet Impact
Business owners seeking retention, capital, and risk control
Uninsurable individuals
Long-tenured staff
Balance Sheet Impact
Employer Benefits
Premiums create a corporate-owned asset (cash value)
Cash value grows tax-deferred
Appears as a long-term asset, not a sunk cost
Employee Benefits
No impact to personal balance sheet
Capital & Liquidity
Employer Benefits
Future access for liquidity, acquisitions, buy-sell funding, executive benefits, and cost recovery
Funding Flexibility
Employer Benefits
Can be self-funded or premium financed
Preserves operating cash
Flexibility to pay down, refinance, or unwind
Employee Benefits
No out-of-pocket cost
Retention & Stability
Employer Benefits
Benefits are non-portable
Creates "golden handcuffs" without bonuses
Scales cleanly with growth
No annual renegotiation
Employee Benefits
Incentive to stay long term
Rewards tenure and loyalty
Predictable benefit
Risk Management
Employer Benefits
Guaranteed life coverage across the employee workforce
Reduces key-person exposure
Predictable costs and guarantees
Employee Benefits
Guaranteed life insurance protection
No medical underwriting
Coverage regardless of health status
Balance Sheet Impact
Employer Benefits
Premiums create a corporate-owned asset (cash value)
Cash value grows tax-deferred
Appears as a long-term asset, not a sunk cost
Employee Benefits
No impact to personal balance sheet
Tax Treatment
Employer Benefits
Potential interest deductibility depending on structure
Balance Sheet Impact
Employer Benefits
Business owners seeking retention, capital, and risk control
Employee Benefits
Uninsurable individuals
Long-tenured staff
Why Business Owners Are Doing This Now
The Environment Has Changed
Traditional benefits are pure expenses
Most benefits disappear once paid, offering no long-term value or recovery for the business.
Employee turnover is increasing and costly
Replacing experienced professionals—especially in critical roles—creates disruption, recruiting costs, and lost productivity.
Cash on the balance sheet is losing purchasing power
Idle cash is no longer neutral; inflation erodes its real value year after year.
Interest costs are now a strategic planning variable
Financing decisions are part of capital strategy, not just a line-item expense.
What Business Owners Want Today
Benefits that scale with headcount
Programs that grow cleanly as the organization grows, without constant redesign.
Benefits that don't distort compensation
Retention tools that don't permanently inflate payroll or trigger annual renegotiations.
Benefits that can be financed, recovered, or redeployed
Cash is no longer Idle. Capital is deployed into benefits that remain flexible and usable over time, preventing inflation from eroding its real value.
What impressed me most was not just the solution itself, but the strategic thinking behind it.
The team at Sky Gem Solutions took the time to understand our company's financial goals, retention challenges, and long-term vision before presenting a recommendation. They walked us through every step with clarity and confidence, making what could have been complex feel straightforward. Our team and I are incredibly grateful to have them as a trusted advisor.
Mike B.
Employer-Owned Guaranteed Issue Life Insurance Attraction, Retention & Capital Strategy
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