What is group life insurance?

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Before you enroll in your employer’s group life insurance plan, here’s what to know about the cost, coverage limits and other key features.
There are several ways to get life insurance, but data show that most people get life insurance through their employer — more than half of private companies offer policies, according to the Bureau of Labor Statistics. Group life insurance is typically offered as term life insurance and provides a small amount of coverage for free. […]