Group Term Life Plan | Ageas Federal Life Insurance

Ageas Federal Life Insurance09 Jul, 2024Finance

Group term life plans offer affordable life insurance coverage for a defined group, providing financial security in case of death. Benefits are based on group terms, making it a practical choice for organizations looking to offer employee benefits. Group term life plans offer cost-effective coverage for employees, enhancing job satisfaction and loyalty. They provide financial security for employees' families, are easier to qualify for than individual plans, and may offer tax advantages for both employers and employees.

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