Get Group Life Insurance Quotes Employees Secretly Love

There are several types of group life insurance policies that employers can offer:

• Basic Group Life Insurance: This is the most common type and is usually provided at no cost to the employee. Coverage amounts are often based on a multiple of the employee's salary.
• Supplemental Group Life Insurance: Employees can purchase additional coverage beyond the basic plan. This allows them to customize their coverage to meet their personal needs.
• Voluntary Group Life Insurance: Employees can opt into this coverage, typically paying the full premium themselves, but at a group rate that is lower than individual policies.