Supplemental life insurance is a secondary policy that can augment the coverage you get through a workplace group life insurance plan. Sometimes called voluntary life insurance, supplemental life ...

Many employers let employees buy supplemental life insurance at group rates, usually without an exam or medical questionnaire. These policies can be a good deal if you have health issues, but healthy ...

The majority of American workers — 53% in 2024 — have life insurance through their workplace, according to LIMRA. However, as the cost of living rises, most workplace life insurance policies fail to ...

One of the benefits your employer may offer is the chance to enroll in group term life insurance. This is a program employees can sign up for after meeting certain criteria such as working for the ...

Supplemental group term life insurance paid for entirely by employees was not considered group term life insurance under IRC Section 79 where the supplemental policy and the basic group term life ...

NEW YORK--(BUSINESS WIRE)--As open enrollment season for employees across the U.S. begins, a new survey from New York Life's Group Benefit Solutions highlights the crucial role of supplemental health ...

Key man insurance is a type of life insurance policy that companies purchase on the life of a founder, owner or critical employee. It’s also called key person or key employee insurance. Key man ...

- Fifty-seven percent of employees had out-of-pocket healthcare expenses this year that were not covered by their health insurance plan. - Among employees, supplemental health insurance is a top ...

If your employer offers life insurance, it’s likely a basic policy that covers a minimal amount — often just enough to handle short-term expenses. Supplemental life insurance, however, allows you to ...