Employer sponsored group life insurance plans often provide coverage based on earnings; one
time annual income is a common plan design.
It is also common for salary reviews to happen at year end.
So, have you provided your group life insurer updated earnings information?
While maintenance of your group life coverage is front of mind, why not also take this
opportunity to remind covered employees to update their beneficiary designations.
Dealing with the untimely death of an employee is hard enough. Take the time now to make
sure your coverage up to date.