What Does Group Permanent Life Insurance Mean?

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What does Group Permanent Life Insurance mean? Read on to discover the definition & meaning of the term Group Permanent Life Insurance - to help you better understand the language used in insurance policies.

Group Permanent Life Insurance

Group Permanent Life Insurance

Group permanent life insurance is an permanent life insurance policy that is offered by an employer as a benefit to their employees. The insurance costs will be paid by contributions of both the employer and the employee and the amount will depend on the preferred benefits.

We hope the you have a better understanding of the meaning of Group Permanent Life Insurance.

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