Facilities of Group Life Insurance
There are many life insurance plans available in the market which can turn Group Life Insurance into an individual insurance policy. This happens in cases when an individual leaves the particular company. Group Life Insurance plans are tax deductible which makes this plan even more attractive for the employees.
Most of the insurance companies do not demand medical checkups for Group Life Insurance. So those who are physically unfit still get covered by remaining under Group Life Insurance which they would not have got individually. So the companies that offer good Group Life Insurance can have some of the best employees in the market.
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