Life Insurance

Employee Group Life Insurance

Group Life Insurance provides insurance coverage at affordable group rates.   Coverage is typically a multiple of the employee’s base pay, or total direct compensation (salary plus bonus/commission).

Dependents’ Life Insurance 

Basic dependents’ life insurance is typically a set amount such as $10,000 for the spouse and $5,000 for each child.

Optional Life Insurance

Some insurance companies provide optional life insurance plans for the employee and/or spouse.  Premiums are at group rates, and depend on variables such as the insured’s age and gender.

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