Monday, January 25, 2016

Is Buying Group Life Through Your Employer A Good Idea?

Many employers offer free life insurance as a benefit, known as group life. All you have to do is sign up, and sometimes enrollment is automatic.

Many people opt to buy more insurance, known as supplemental life insurance, through such plans. In fact, 41% of all life insurance policies in force in 2013 were through groups, including workplaces, churches and other associations, according to the American Council of Life Insurers.

Is buying group life insurance through your work a good idea?

The minds over at NerdWallet have some answers. Go HERE.

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