The complex number and variety of company life insurance plans can make it feel like a daunting task to review policies and select the
right group life insurance benefits for your business.
Group life insurance benefits are intended to provide the preferred coverage necessary to keep quality employees while reducing the employer's costs.
*
Group life insurance benefits will vary between plans.
In this case, the amount of the benefits from the AD&D coverage that would be paid out will equal the amount of the individual's
group life insurance benefits.
A dependent life insurance plan can be provided through
a group life insurance benefit providing death protection to the dependents of an employee covered under the plan.
You may be offered coverage at work if your employer has
a group life insurance benefits plan.
Companies like Raytheon and Kraft Foods offer
group life insurance benefits to many employees.