Employee Benefits

Group Term Life

Group Term Life Insurance

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Group Term Life

Knowledge First

This coverage will provide a benefit to the beneficiaries if the covered individual dies during the defined covered period. As with other types of group benefits, group term life insurance is generally cheaper than comparable individual policy coverage. For this reason, group term life insurance is often a key component in employee benefit packages.
Such insurance is renewable on a year-to- year basis and does not accumulate in value i.e. no cash surrender value is built up