How Much Is Group Life Insurance?

  1. 10968 POINTS
    Tim Wilhoit
    Owner, Your Friend 4 Life, Brentwood TN
    Group life insurance pricing is a calculated risk. Even though it is a guaranteed issue product it is still underwritten for a risk assessment. They do look at the size, age range and a few risk factors of the group in order to determine premium. Group life is usually reassessed for risk on an annual basis. Of all of the employee benefits, I will say group life is one of the most affordable benefits a company can offer their employees.
    Answered on June 26, 2014
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