Supplemental life insurance is a secondary policy that can augment the coverage you get through a workplace group life insurance plan. Sometimes called voluntary life insurance, supplemental life ...

Life insurance can help financially protect your family from the loss of your income should you pass away. But even if you already have life insurance through your employer (often known as a group ...

Many employers let employees buy supplemental life insurance at group rates, usually without an exam or medical questionnaire. These policies can be a good deal if you have health issues, but healthy ...

The majority of American workers — 53% in 2024 — have life insurance through their workplace, according to LIMRA. However, as the cost of living rises, most workplace life insurance policies fail to ...

One of the benefits your employer may offer is the chance to enroll in group term life insurance. This is a program employees can sign up for after meeting certain criteria such as working for the ...

Supplemental group term life insurance paid for entirely by employees was not considered group term life insurance under IRC Section 79 where the supplemental policy and the basic group term life ...

If your employer offers life insurance, it’s likely a basic policy that covers a minimal amount — often just enough to handle short-term expenses. Supplemental life insurance, however, allows you to ...

Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See ...

Basic Group Life Insurance from Standard Insurance Company helps provide financial protection by paying a benefit in the event of an eligible members covered death. Basic Accidental Death and ...