What is Dependent Life Insurance?

Dependent life insurance coverage is life insurance you take out on your dependents, which may include your spouse and children.

Many employers offer group term life insurance policies which allow the employee to be covered and add coverage for their dependents.

Or, you could purchase your own life insurance policy and add your family members onto your policy by use of a rider to add their coverage.

Another option is to buy individual life insurance policies on each of your dependents.

Learn more about life insurance for your dependents.