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How U.S. Group Life Insurance Works

Low-cost coverage via employer or group; often no medical exam required.
Coverage is basic, with death benefits like $20K, $50K, or 1-2× salary.
Policy ends when leaving organization; conversion to individual policy possible but costs ↑.
Employers control terms; extra coverage may be available at group rates, sometimes with medical questions.
Experts recommend supplementing group insurance with an individual policy for full protection.