Dependent Life insurance is available to the employee only as it’s a lump-sum payment meant to cover the cost of funeral expenses in the death of a spouse or dependent children of an employee.
The most common amounts of Dependent Life coverage are $5,000 for a spouse and $2,500 per dependent child but higher options are available.
Dependent Life insurance is available to the employee only as it’s a lump-sum payment meant to cover the cost of funeral expenses in the death of a spouse or dependent children of an employee.
The most common amounts of Dependent Life coverage are $5,000 for a spouse and $2,500 per dependent child but higher options are available.
