What Is Supplemental Term Life Insurance?

  1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    Supplemental Term Life Insurance is coverage offered by an employer to employees and/or spouses, whereby they can add onto the coverage provided by the employer in their group plan. They are able to purchase the supplemental term life insurance coverage at group rates, but most likely will not be able to take their term policy with them at that price if they leave that place of business.
    Answered on October 17, 2013
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