Group Term Life Insurance:
At a Glance
Research shows that basic life insurance coverage should be equal to five times your annual income. If you have several children or large financial obligations, chances are you need even more.
That's where a supplemental plan like the Group Term Life Insurance Plan can help. It lets you add to your existing life insurance at economical group rates.
Benefit Features:
- -Choice of benefits
- -Economical group rates
- -Accelerated Benefits Provision allows you to use a portion of your benefit if a terminal illness is diagnosed
- -Choice of beneficiary
- -Spouse and children eligible for coverage
