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Group Life Insurance
Life, Accidental Death and Dismemberment Insurance.
Group Life insurance is coverage of Life and (usually) Accidental Death or dismemberment to a group of people. The benefit of group life can be the ability to offer a level of coverage regardless of health. The cost is at a blended rate which is the same for everyone in the group.
The death of an employee is inevitably a huge transformation for their family. During a bereavement, the perception of the employer by other employees can form lasting impressions.
Employers can provide a basic level of support for dependents for a modest rate.
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