Life Insurance

A Life Insurance policy explains who's eligible for employer-sponsored life insurance, what basic and supplemental coverage your organization offers, how enrollment and beneficiary designations work, and where employees can find plan details and any required notices.

How to Write a Life Insurance Policy

• Start with "why" and introduce the concept.
• Explain who is eligible to enroll.
• Describe the basic employer-paid life insurance benefit.
• Describe optional supplemental life insurance employees can purchase.
• Point employees to the plan documents or carrier site for full coverage details.
• Require employees to name a beneficiary and keep it up to date.

For advice on writing a Life Insurance policy in a specific jurisdiction, see below.