How Does Group Term Life Insurance Work? A Comprehensive Guide for 2025
Group term life insurance is an employer-sponsored policy that provides a death benefit (e.g., 1–2x your salary) to your beneficiaries if you pass away while covered. Enrollment is typically automatic or simplified (no medical exam required), with basic coverage often free or low-cost for employees (paid partially or fully by the employer). If you leave the job, coverage … Read more