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It is upto the discretion of your employer how long to pay life insurance premium on your behalf. Even sharing the same in equal proportion can also be mutually arranged.

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βˆ™ 8y ago
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βˆ™ 8mo ago

Typically, life insurance coverage provided by an employer ends at retirement. Some employers, however, may offer the option to convert the group life insurance to an individual policy upon retirement, usually at a higher premium. It's important to check with your employer's HR department or insurance provider for specific details.

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Q: How long does employer keep you on life insurance after retirement?
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How long does Gerber Life Insurance last?

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Related questions

What options other than pension do you have for a retirement fund?

There are many options for retirement funds. In addition to a pension, you can also invest in a 401K with your employer. Other retirement savings options are: life insurance policies, Keogh plans, savings bonds, or investing in stocks.


Which of these is often provided for free by the employer?

life insurance dog


What is vested value in a life insurance policy?

Vesting is not a term that I have heard of in dealing with life insurance and I have been selling insurance for 23 years. The term vesting is usually seen in retirement plan. In a retirement plan vesting means that percentage of the funds in the retirement plan that belong to the employee. Now all retirement plans have 5 year vesting which means for each year you are in the plan your percentage goes up 20%. In the third year that you are eligible to be in the retirement plan you would own 60% of the funds in your account and if you left the employer you can take it with you.


Is Nationwide Retirement Solutions just a life insurance company?

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Should you purchase term life insurance in addition to life insurance offered by your employer?

Keep in mind that usually life insurance through your employer does not leave with you when you leave work. So if it is 10 years and you decide to leave, you will at that time have to get your own individual life insurance. Now you are 10 years older and your height and weight could be different and you could have medical conditions. Yes, it is a good idea to get life insurance in addition to your work insurance. This way you will be covered at a younger age.


What is the main product of the Life Insurance Company Mutual of America?

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What is often provided free by the employer?

life insurance dog


In what class of life insurance are individual life insurance policies issued to members of a group with an employer or other body collecting or remitting the premiums to the insurer?

"In what class of life insurance are individual life insurance policies issued to members of a group with an employer or other body collecting or remitting the premiums to the insurer?"


What happens to your life insurance when you are no longer employed?

If the life insurance was provided by your employer and your employment is terminated, you will lose the life insurance protection. You should look into individual life insurance, which you can take with you if your employment terminates.


Does Horace Mann offer travel insurance?

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How do you collect on benefits on life insurance plan paid up in 1988 by Independent life insurance company of Florida or Georgia?

I have a insurance from federal group life insurance retirement plan .I like to know if they are in business


What type of insurance does MetLife Insurance provide?

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