Term Insurance

How Group Term Insurance Can Save You Money

How Group Term Insurance Can Save You Money

The main advantage of having group term insurance, as opposed to purchasing individual policies, is the value it adds to your company’s benefits package. Group term insurance aims to eliminate unnecessary costs associated with offering life insurance coverage. After all, why should you have to pay premiums just to ensure that your employees and their dependents are financially secure? That said, it’s possible to obtain lower rates on this type of coverage by taking certain steps. Let’s check how group term insurance can offer you savings without compromising coverage. What is Group Term Insurance? Group term insurance is a type…
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