Apr 23, 2025 · Voluntary life insurance is an optional employee benefit that provides a cash death benefit to a designated beneficiary, with premiums typically deducted from the employee's paycheck.

May 30, 2024 · You can sign up for or add to voluntary life insurance when you start a new job or experience a life event like marriage or having a child. Otherwise, you can only buy or change …

Even if your employer already offers life insurance as part of your benefits, they may also give you the option to select additional coverage—known as voluntary term life insurance—to help further protect …

Voluntary life insurance is an optional benefit that employers typically offer. Learn more about how it works and how much coverage you need.

Nov 13, 2025 · Voluntary life insurance is an optional policy that employers offer to employees as part of a benefits package. The types of voluntary life insurance available can include whole,...

Feb 13, 2025 · If you get voluntary life insurance at all, only go for term life. Since this kind of benefit is sponsored by your employer, the premiums are typically cheaper than you’d find if you’re shopping …

Mar 11, 2025 · Voluntary life insurance stands apart from standard individual policies because it has minimal or zero medical examination requirements, allowing people who face challenges in obtaining …

Voluntary term life insurance isn't like a whole life insurance policy as there is no cash value to borrow against. However, voluntary permanent life insurance can have a cash value component that grows …

Jul 26, 2023 · Voluntary life insurance is a type of life insurance that’s optional and that can usually be purchased in addition to a guaranteed issue group life policy offered by your employer....

May 21, 2025 · One type of life insurance you may be able to get relatively easily is voluntary life insurance. What is voluntary life insurance? It's supplemental life insurance coverage offered by an …