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	<title>New answer on: What Is Optional Term Life Insurance?</title>

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		<title>By: Tim Wilhoit</title>

		<link>https://www.insurancelibrary.com/life-insurance/what-is-optional-term-life-insurance</link>

		<dc:creator>Tim Wilhoit</dc:creator>

		<pubDate>Thu, 24 Apr 2014 21:57:24 +0000</pubDate>

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		<description><![CDATA[I believe the &quot;optional term life insurance&quot; you are referring to is under an employer sponsored group life insurance plan. The employer pays for a certain amount of term life under a group policy and the employees each have a certificate of coverage. The face amounts are usually lower or tied to the employees salary. For example, &quot;Joe&quot; makes $50,000 per year and his group life pays 2.5 times his annual salary. &quot;Joe&#039;s&quot; face amount is $125,000. The optional rider allows the employee to purchase a larger face value at the expense of the employee. These can be good for people with insurability issues. However, if you are healthy and can qualify for life insurance on your own, it is much more affordable to buy a plan outside of work on your own.]]></description>

		

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		<title>By: Jason Goldenzweig</title>

		<link>https://www.insurancelibrary.com/life-insurance/what-is-optional-term-life-insurance</link>

		<dc:creator>Jason Goldenzweig</dc:creator>

		<pubDate>Thu, 24 Apr 2014 17:00:17 +0000</pubDate>

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		<description><![CDATA[Optional term life insurance is additional coverage that you can buy through your employer that is above the amount of life insurance benefits provided through an employee benefits plan. Your employer typically pays the premium for the coverage through the employee benefits plan and you pay the premiums for any &quot;optional&quot; term life insurance that you buy.]]></description>

		

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