If you are an employee of a company, you likely have employer-sponsored (i.e. group) insurance benefits. One of the most common benefits offered to employees is group term life insurance. Many people sign up for this benefit and then forget about it. They think they are all set, or their group plan will always be there for them. However, you might be doing a disservice to yourself and your family if you think this way. In this article, we compare group vs. individual life insurance and explain 5 key differences.
5 Important Differences Of Group vs. Individual Life Insurance | Understand These Key Differences So You Can Make An Educated Decision
Updated: April 12, 2024 at 9:39 am
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