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Product Detail

Group Term Life Insurance (GTL)

Group term life insurance plans are usually offered by employers or other fraternal providers to members or employees.

A type of insurance coverage offered to a group of people. This coverage will provide a benefit to the beneficiaries if the covered individual dies during the defined covered period.

As with other types of group benefits, group term life insurance is generally cheaper than comparable individual policy coverage. For this reason, group term life insurance is often a key component in employee benefit packages.

 

Download 'GTL - Proposal Form.pdf' File