Lifesaver on dock Group lifeinsurance doesn’t come across as a very exciting product, partlybecause it’s so familiar to employers and employees. (Photo:Shutterstock)

Group life insurance is one of the most commonbenefits offered by employers. When asked about the importance ofbenefits in a 2018 LIMRA study, employees rated life insurance onlybehind medical benefits, paid vacation and retirement plans. In the samestudy, a survey of employers indicated they think employees rank life insurance lower than theydo. Perhaps these employers are taking life for granted.

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