Voluntary Term Life Insurance Vs. Voluntary Permanent Life Insurance
Posted: September 7, 2019
![Voluntary Term Life Insurance Vs. Voluntary Permanent Life Insurance](https://mlxwx3bywoz1.i.optimole.com/w:768/h:432/q:auto/f:best/https://www.nemecins.com/wp-content/uploads/sites/2939/2021/05/Life-Insurance-Protection-768x432.jpg)
Voluntary life insurance is an optional benefit offered to employees by employers. It pays cash benefits to a beneficiary upon the death of the insured. In exchange for the employer’s guarantee of payment of these benefits, the employee pays a monthly premium. Typically, employer sponsorship makes premiums less costly than for individual life insurance policies. Types Of Voluntary Life Insurance Employers can provide two types...