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Many group life insurance policies come with an “actively at work” requirement, which means if you’re not on the job — whether you quit, were fired or are out due to illness or injury ...
Obtaining life insurance can feel like a complicated process, especially if the thought of a medical exam puts you off. The good news is you don’t always need an exam to get covered.
The top five standard types of benefits for employees are health insurance, paid time off (which includes vacation time, sick time, holiday pay, and more), retirement plans such as 401(k), dental ...
Corporate-owned life insurance (COLI), is life insurance on employees' lives that is owned by the employer, with benefits payable either to the employer or directly to the employee's families. Other names for the practice include janitor's insurance and dead peasants insurance .
All employees are entitled to earn one hour of paid sick leave every 30 hours after working 30 days. Employees can earn up to 48 hours a year, but companies can limit the amount one can use to 40. Unused hours are carried over. Companies are only required to allow employees to use their time off after being employed for 90 days.
Employer-sponsored benefits: If you’re employed or have a working spouse, you may both have access to group life insurance through your jobs. Many employers even cover part or all of the premiums.
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