Should I Get Voluntary Life Insurance. Voluntary life insurance and standard term life insurance. Coverage ranges from $50,000 to $1.5 million, with affordable premiums.
Voluntary life insurance is a type of financial protection that gives death benefits to a beneficiary if the insured passes away, which employers offer to their employees as an optional benefit. Each age group is assigned a cost per amount of coverage. Voluntary life insurance is an employee benefit option offered by many employers to their employees.