What Does Optional Life Insurance Mean?

  1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    Optional life insurance refers to the amount of life insurance that you can purchase through your place of work, that goes beyond the amount of life insurance your employer gives you. You will not have a tax break on this optional life insurance, but you will still be able to take advantage of the group life insurance rates.
    Answered on June 8, 2013
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