How Does Group Life Insurance Work?

  1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    Group Life Insurance is life insurance that is offered to employees by their employer. Their employer might purchase the policy for them, or they might be offered to purchase the policy at group rates, or some of both. The policy generally pays the death benefit to the employee's family if the employee should pass away.
    Answered on June 18, 2013
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