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Group Term Life Insurance

The Iowa Bankers Benefit Plan (IBBP) has offered group term life insurance underwritten by The Standard of Portland, Oregon, since 1991 and currently protects approximately 8,000 employees.

Iowa Bankers Insurance and Services, Inc. manages all the administrative functions for the life insurance plan, including customer service, and contracts with The Standard for claims processing.

Group term life insurance benefits are an important part of a strong benefits package that provides essential protection to employees at competitive group rates. Group term life insurance is a cost-effective benefit that is easy to administer and provides employees and their dependents with a financial safety net. The IBBP has a number of different options for employers to customize life benefits to help recruit and retain valuable employees. The term life coverage options include basic term life, additional life, dependent life, director’s life and retiree life.

The group term life coverage includes helpful tools employees can use to assist them while traveling, online resources to help with financial planning and resources available to assist beneficiaries.

Forms, Resources and Questions

If you’re enrolled in group term life insurance through the IBBP, you can access the benefit certificate for your insurance coverage, as well as related forms and other resources, by logging into the IBIS Group Benefits Portal.

If you have questions about group term life insurance coverage through the IBBP, contact your IBIS territory representative at their direct number or email address, or contact IBIS Customer Service at (800) 258-1415 or