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Most Suited Group Life Insurance

An insurance acts as a key element of the benefit packages that firms provide to their staff.

    What is Group Life Insurance ?

    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.

    Why is Group Life Insurance important?

    • Since many members contribute to the group insurance, it is reasonably priced and may even be free.
    • Do not demand that people go through a medical examination or underwriting.
    • Requires group members to participate for a minimum amount of time before they are granted coverage.

    What is covered?

    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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