Is Group Life Insurance A Good Idea? 
Group life is a very good deal for both an employer and employee . For the employer it is a very affordable benefit to offer employees as an incentive to stay with their company usually coupled with other benefits . Employee turnover is very expensive to owners with hiring and training cost . For the employee group life insurance is usually a no cost benefit or at least low cost to the employee and can add protection for as long as they stay employed by the company . However , I do recommend that everyone have their own life insurance policy in addition to group life . If the employee were to leave the job , in almost every case they also lose their group life benefit . 