For dependent life insurance purposes, spouses are usually defined in broad terms and typically includes any person state law ...

VGLI offers term life insurance for veterans. It differs from private insurance company offerings because it allows you to continue your Servicemembers’ Group Life Insurance (SGLI) coverage ...

Group life insurance is a term life policy offered by employers to employees. Like a traditional term life policy, it has a death benefit, the payout your beneficiaries will receive.

If you’ve ever had an employer provide life insurance as part of a benefits package, you’ve experienced group life insurance. Around 75 percent of full-time workers in the U.S. have access to ...

Life insurance offers more than just peace of mind — it provides critical financial protection for your loved ones when they need it most. At the heart of every policy is the death benefit, the ...

Employer-provided group life insurance has been a staple of the U.S. working world since the 1940s. While such policies do have their benefits for employees – such as guaranteed coverage ...

Active premium growth rates increased by 5% for group term life and 3% for accidental death and dismemberment in 2024. Growth rates for both types of polices have remained positive since 2016 ...

For example, group life insurance death benefits are typically equivalent to only a year or two of salary. These policies usually provide coverage for the employee but not their spouse.

Types of Accelerated Death Benefits Insurance companies offer accelerated death benefits if an insured person experiences the following medical conditions: terminal illness, critical illness or ...

Group vs. individual life insurance Group life insurance has long been a mainstay in most employee benefits packages, so much so that many employers don’t stop to think about whether these ...