Many employers offer extra life insurance at group rates with no medical exam, which is easy to get but might not be your cheapest option Written By Written by Insurance Staff Writer, WSJ | Buy Side ...
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 ...
Group life insurance offered through employers can be affordable and easy to qualify for, but it typically stays behind when you leave the company. Privately owned life insurance offers more ...
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 ...
Group life insurance through an employer is typically one or two times your salary, which may not be enough to support your loved ones. “You probably need at least 10 times your salary,” Stafford says ...
Open enrollment season allows employees to choose workplace benefits for the following year, including life insurance. Most companies offer group life insurance, which covers a number of people under ...
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 ...
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 ...