A 2024 survey showed that 53% of American employees receive life insurance as part of their employee benefits packages. Others obtain free group life insurance through their unions, professional societies, or other organizations. These policies are generally beneficial, but few provide enough coverage to meet a family’s needs. If you have questions about life or other insurance, contact our Bingham Insurance Group team serving Braselton, GA.<\/p>\n
Employer-provided life insurance is helpful and should be welcomed by nearly everyone. The employee seldom pays for the base policy and can often pay for additional insurance through the same plan. Another significant benefit is that employees do not need to take a medical exam, which allows employees with pre-existing conditions to acquire life insurance they may not get independently. Employer-provided life insurance also takes minimal effort, often requiring only the completion of a form during the enrollment process.<\/p>\n
Despite the benefits of employer-provided life insurance, it has its shortcomings:<\/p>\n
Overall, employer-provided life insurance is a useful benefit that you should accept, but most employees need more consistent insurance than they receive in the workplace.<\/p>\n
If you live in the Braselton, GA, area, and are considering life or other insurance, call the Bingham Insurance Group at (706) 684-0040. Our team will help you with policies that suit your family’s needs.<\/p>\n","protected":false},"excerpt":{"rendered":"
A 2024 survey showed that 53% of American employees receive life insurance as part of their employee benefits packages. Others obtain free group life insurance through their unions, professional societies, or other organizations. These policies are generally beneficial, but few provide enough coverage to meet a family’s needs. If you have questions about life or […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[13,12,16],"class_list":["post-150","post","type-post","status-publish","format-standard","hentry","category-life-insurance","tag-bingham-insurance-group","tag-braselton-ga","tag-life-insurance"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t