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What Companies Should Know Before Offering Employee Life Insurance

Pacific Prime

Companies offering employee life insurance as part of their employee benefits package is an excellent talent retention strategy. A life insurance policy will help protect the employees’ dependents from financial pressure when meeting outgoing expenses in the event of the former’s untimely passing.

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The pros and cons of term life insurance vs. permanent life insurance

Higginbotham

One of the first and most important responsibilities embraced by every breadwinner is life insurance. Should they lose your support, life insurance will immediately pay your beneficiary the cash value of the life insurance policy, with no taxes owed, providing a lifeline to resolve debts and pay living expenses.

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What Workers Need to Know About Group Life Insurance

InterWest Insurance Services

Voluntary group life insurance is offered to employees as an optional benefit, and often employers will pay the small premium as an employee retention tool and to provide workers some peace of mind for their families. Internal Revenue Code Section 79 governs the taxation of this employer-provided life insurance.

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How Life Insurance Works With Wills And Trusts

Take It Personel-ly

There aren’t many things more important in your financial plan than your life insurance and final will and testament. These financial tools provide you with the peace of mind that both yours and your family’s need will be cared for in the event of death, disability, or terminal illness.

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What is Voluntary Life Insurance? | BerniePortal

BerniePortal

During the enrollment process , employers often offer ancillary benefits like voluntary life insurance to supplement basic life coverage. So, what is voluntary life insurance? But unlike healthcare and other fringe benefits , not all employees need to elect all ancillary benefits.

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What is Basic Life Insurance? | BerniePortal

BerniePortal

As part of that enrollment process, employers often offer ancillary benefits like basic life insurance as well, but unlike health coverage , basic life coverage alone may not be enough to cover all of an employee’s needs—especially if they have a family. So, how does basic life insurance work?

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Parsing MHPAEA Claims Under the Proposed Rule: E.W. v. Health Net Life Insurance Company

McDermott Will & Emery Employee Benefits

Health Net Life Insurance Company appeared first on EMPLOYEE BENEFITS BLOG. The proposed regulations were issued earlier this year by the US Departments of Labor, Health and Human Services and the Treasury (the Departments). Our previous MHPAEA content is […] The post Parsing MHPAEA Claims Under the Proposed Rule: E.W.