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To add to your basic life insurance coverage, you may choose to purchase supplemental life insurance. The amounts available for purchase are based on your bi-. You can use a life insurance policy to help fund a deferred compensation program to provide additional retirement benefits to a key employee. In this. As a new employee, you may elect coverage up to three times your salary (rounded to the nearest $1,) without providing any medical history or proof of good.

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Optional Group Life Insurance · Your coverage. Buy additional coverage in multiples of salary, increments of 1x, 2x, 3x, or 4x, up to the $, maximum, with. With group term life insurance, dependent life insurance is available for an insured employee's spouse, domestic partner and/or children. Coverage offered at. A voluntary program available to benefit-eligible employees to obtain life insurance for their spouse/domestic partner and/or their dependent(s). picture of one.

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Coverage You Can Be Confident In Our group life insurance plans provide services and tools your employees and their family members can take advantage of today. A basic life insurance policy offered through an employer is typically free or has a minimal premium and offers a death benefit that might range from $25, to. Companies typically provide an employee with life insurance coverage equal to their yearly salary. For example, an employee who makes $30, per year would.