Not only do LGBT workers now have the option of purchasing
voluntary life insurance on their spouse through a group policy, but purchasing individual life insurance got easier too.
Not only do LGBT workers now have the option of purchasing
voluntary life insurance on their spouse through a group policy, but purchasing individual life insurance got easier too.
Not exact matches
If your employer does not provide group
life insurance coverage, it may make a
life insurance benefit available to you
on a
voluntary, employee - paid basis.
Underwriting requirements even for
voluntary group
life cover are far less onerous than for similar
insurance on individual
lives.
Group
life insurance that is offered
on a
voluntary basis is typically more extensive than if it's given as a benefit.
If you plan
on staying at your current company for a signifiant amount of time,
voluntary life insurance becomes worthwhile.
With
voluntary life insurance, there are various «additional benefits» and the main one is a chance to prove your good health in order to purchase more coverage
on your
insurance.
Yes, there are several companies who can issue a Whole
Life insurance policy
on a
voluntary basis (individual plan) if you are younger than 80.
Depending
on your circumstances,
voluntary life insurance may have lower premiums than term
life insurance.