This means your employer will pay this benefit out of its general assets. Sometimes, the percentage is based on your length of service. The plan may require that you report absences in advance or provide medical certification. Benefits generally begin from the first day of your absence. Group life plans generally provide a death benefit to employees who die while insured under the policy.
Employers generally pay all or part of the cost of group life premiums.
You must determine whether your contemplated disability will terminate your life insurance. After the early stages, your interaction on the group life plan will most likely be directly with the insurance company. All life insurance policies provide for termination under certain circumstances, including failure to pay premiums on time or termination of employment. Make sure you remain eligible for coverage until you're ready to leave. Most policies require that you're actively working to be covered.