Group Life insurance is an insurance scheme offered by employers to employees. The insurance provides coverage at a nominal investment. Usually the employer deducts a fixed amount from your salary and pays it to the insurer. The group insurance policy is no doubt an excellent scheme but they won’t cover exclusive insurance needs. If you are totally dependent on it for your insurance needs you may not be able to get adequate finance in times of need.

(Source:Lifecoverpro)

This entry was posted on Wednesday, April 23rd, 2008 at 2:33 pm and is filed under General, Life Insurance Policy. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.