An insurance acts as a key element of the benefit packages that firms provide to their staff.
An employer or other significant organization, such as a union or association, may provide group life insurance to its employees or members. It is generally affordable, may even be provided free of charge for some employees, and is widely used across the country. Group life is frequently included in a larger employment or membership benefit package and has a relatively low coverage amount. Group life policy holders are not required to undergo individual underwriting or medical examinations.
Provides life cover protection to people with life insurance protection under a single or master contract coverage. May also be able to add coverage for dependents
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