what is group term life insurance 
group term life insurance is a type of temporary life insurance in which one contract is issued to cover multiple people the most common group is a company where the contract is issued to the employer who then offers coverage to employees as a benefit many employers provide at no cost a base amount of group coverage plus options for employees to purchase supplemental coverage for themselves as well as their spouses and children group term is also sold by various associations and professional organizations group term life insurance is relatively inexpensive compared to individual life insurance as a result participation is high 