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Tag: Voluntary Permanent Life Insurance

Voluntary Term Life Insurance Vs. Voluntary Permanent Life Insurance

Voluntary Term Life Insurance Vs. Voluntary Permanent Life Insurance

Voluntary life insurance is an optional benefit offered to employees by employers. It pays cash benefits to a beneficiary upon the death of the insured. In exchange for the employer’s guarantee of payment of these benefits, the employee pays a monthly premium. Typically, employer sponsorship makes premiums less costly than for individual life insurance policies. Types Of Voluntary Life Insurance Employers can provide two types...

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