Andrey_Popov/ShutterstockAs part of a benefits package, many employers offer group life insurance to their workers. While it’s typically a low-cost and valuable part of your family’s financial protection, it may not cover all your needs.A voluntary or individual life insurance policy can be tailored to meet your needs. But is one really better than the other?Group Life Insurance PoliciesGroup life insurance is when a contract covers an entire group of people. Typically, the policyholder is the employer, and it covers their employees. The employer, not the employee, owns the policy, and the employee is issued a certificate of coverage.
Date:
More like thisRelated
Shoppers Take Advantage of Bargains to Save on Holiday Turkey
Thanksgiving turkey bargains at a Texas grocery store advertised...
California Faces $18 Billion Deficit Next Year, Deepening Multiyear Budget Crisis
California Gov. Gavin Newsom speaks to reporters in Stockton,...
US Undergoing Strongest Homebuyers Market in Over a Decade
A newly built 3-bedroom, 2-bath home in Willis, Texas,...
