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

How to get group term life insurance The main qualification for enrollment in group term life insurance is to be employed with an employer that provides this benefit. Your eligibility may not kick ...

Group life insurance is often free due to your employer paying the premiums, but it’s important to note that only the first $50,000 of group coverage is excluded from your taxable income.

Getting married is one of the biggest life milestones a person can go through. Between planning the wedding and adjusting to ...

Bottom line A supplemental life insurance policy could make sense if you receive group life insurance through work but find the coverage inadequate for your needs. Many employers offer ...

In addition, some companies buy group life or Federal Employees Group Life Insurance policies. Your policy generally needs a death benefit of at least $100,000 for eligibility.

Typically the most affordable kind of policy, term life insurance covers you for a set term, usually 10, 20 or 30 years. If you die before the term ends, your beneficiary receives the stated death ...

Donating an unneeded life insurance policy to charity can extend your charitable legacy. To maximize that gift, consider methods that may reduce your tax burden.

Principal Financial Group is a longstanding insurance and investment company that caters to businesses but stopped selling individual life insurance policies in 2021. The MarketWatch Guides team ...

A couple of years ago, I canceled my Veterans' Group Life Insurance (VGLI) policy. If you're not familiar, VGLI is a program that allows you to buy between $10,000 and $500,000 in term life ...

The group life insurance policy made compulsory by the Pension Act provides cover to the insured against death. Insurance coverage is for 12 months, from January through December, and shall be ...