Basic life insurance is a simple life insurance policy, often offered as part of a benefits package at a company along with group health insurance, paid time off and more. Companies often offer basic ...

Typically, life insurance is understood as a means of financial protection for dependents following the policyholder's death. However, certain policies offer support during the policyholder's lifetime ...

Participation in the Group Basic Life Insurance plan is a condition of employment. The policy provides group term insurance to all eligible employees. There is no cash value upon termination, however, ...