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Dependent life

Group term life insurance is a form of coverage that provides financial protection for an employee's dependents. This type of insurance is typically offered by an employer as part of their benefits package. In the event of an employee's death, the policy will provide a lump sum payment to the designated beneficiaries. It is important for employees to understand the details of their group term life insurance policy to ensure their loved ones are adequately protected in case of a tragic event.

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