What is Voluntary Life Insurance? 

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Basic life insurance may not cover all an employee’s needs. So, in this episode of HR FAQ, Elisabeth explains what voluntary life insurance is, what options are available, and who might need the extra coverage.
As you know, healthcare and benefits can be complicated, which can make the enrollment process confusing. As part of that enrollment process, employers often offer ancillary benefits like basic and voluntary life insurance as well, but unlike health coverage, not everyone needs all ancillary benefits.
So, what is voluntary life insurance? In this episode of HR FAQ, I’ll answer that question and explain what options are available as well as who might need the extra coverage.
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▬ Episode Resources & Links ▬▬▬▬▬▬▬▬▬▬
Blog: What is Voluntary Life Insurance?
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What is Basic Life Insurance?
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▬ Contents of this video ▬▬▬▬▬▬▬▬▬▬
00:00 Intro
00:32 What is Voluntary Life Insurance?
02:20 What Options Does Voluntary Life Insurance Offer?
03:42 Who Needs Voluntary Life Insurance?
04:58 It’s Critical to Choose the Right Coverage
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