Employer-Provided Life Insurance Benefits
Whether you choose to purchase an individual policy or employer-provided life insurance, there are many advantages of group insurance. For starters, it is easier to administer and costs less to provide coverage through payroll deductions. You also have a greater degree of control over the amount of coverage that you need. However, the downside is that if you decide to leave the company, your coverage will be canceled. You may be left with no way…