For the most part when you receive a life insurance quote, it will be created especially for you. Unlike health insurance quotes, which are provided for every employee in a company, a life insurance quote is usually an individual event.

However there are times when you may receive a life insurance quote as part of a group, especially that provided by your employer. Many of the larger companies are offering this these days. You may either receive a life insurance quote automatically or your employer may extend additional coverage to employees.

Another instance of receiving a group life insurance quote is when it's extended to all the members in a union or some kind of trade association. You may be offered a life insurance quote because you're a member of a college alumni association.

There are several advantages to getting a life insurance quote in this fashion, not the least of which is the you may be able to get a better rate. When you get a life insurance quote as a member of an organization, you may find that you receive a better death benefit because the employer or the group is subsidizing part of the cost of the insurance.

Receiving a life insurance quote this way may also alleviate you of taking any qualifying health examinations. And yet another advantage is that many times the cost of these policies, derived from a group life insurance quote is automatically deducted from your paycheck. For many of us, this means that we don't have to worry about forgetting a payment or missing one because lack of money.

Keep inmind though when getting a group life insurance quote, that most of the time these policies are for term life only. If you're looking for a whole life policy, that is one that comes with an accompanying savings account, you aren't likely to find it here.

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