Does Horizons offer Life Insurance?
Yes, Horizons offers life insurance through the SafetyWing Life add-on, an optional benefit that companies can add to their SafetyWing Health plans to provide extra financial protection for their employees.
How Does the SafetyWing Life Add-On Work?
The Life add-on is available for primary policyholders aged 25 to 55 who are enrolled in a SafetyWing Health plan.
It functions as an additional plan option—for example, Standard + Life—and must be selected at the employee’s start date.
Once enrolled, the Life add-on cannot be added or removed during the policy year.
For about $11 extra per month, this add-on offers meaningful financial support to employees’ families during difficult times.
The life coverage provides a one-time lump sum payout of up to $50,000 to a beneficiary in the event of the employee’s death or a life-altering injury.
Life-altering injuries include the loss of limbs or sight, with the payout amount depending on the injury (see table below).
Unlike many life insurance policies, SafetyWing’s Life add-on covers members worldwide, following them across countries regardless of where they live or travel.
Important Notes
If a company chooses to offer the Life add-on to any employee, it must be added for all employees under that company’s policy for compliance reasons.
Dependents are not eligible to have their own Life policies but can be named as beneficiaries.
No paperwork, medical underwriting, or in-person assessments are required.
Claims are processed digitally, simply contact the SafetyWing team via chat for support.
Injury and Payout Details
Type of Injury | Percentage of Benefit Paid |
---|---|
Loss of both hands | 100% |
Loss of both feet | 100% |
Loss of one hand and one foot | 100% |
Loss of entire sight of both eyes | 100% |
Loss of one hand and entire sight of one eye | 100% |
Loss of one foot and entire sight of one eye | 100% |
Loss of entire sight of one eye | 50% |
Loss of one hand or one foot | 50% |
If you have further questions about the SafetyWing Life add-on or want to learn how to add it to your company’s plan, please contact your Horizons representative for assistance.
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