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Group Life Insurance is basically the same as Life Insurance in regard to the need it satisfies. As far as how it is marketed and paid for is the only difference.
Group Life is marketed to employees at the work place and is usually payroll deducted.
The Application is generally "simplified", asks
fewer questions and is guaranteed issue.
There is usually a minimum number of applicants
to qualify for the "simplified" application and payroll deduction option.
To determine if Group Life Insurance is right for your employees simply call 1-800-467-8140.
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