Supplemental life insurance is a secondary policy that can augment the coverage you get through a workplace group life insurance plan. Sometimes called voluntary life insurance, supplemental life ...
The majority of American workers — 53% in 2024 — have life insurance through their workplace, according to LIMRA. However, as the cost of living rises, most workplace life insurance policies fail to ...
If your employer offers life insurance, it’s likely a basic policy that covers a minimal amount — often just enough to handle short-term expenses. Supplemental life insurance, however, allows you to ...