Under a trustee group life policy, who is eligible for a certificate of coverage?

Under a trustee group life policy, the individuals eligible for a certificate of coverage are typically the employees of the organization participating in the group policy. This type of insurance is designed to provide life insurance benefits to a group rather than individual policies, and it's common for the coverage to specifically extend to active employees, ensuring they have access to life insurance protection while employed.

While dependents of employees, employers themselves, or retired employees may have their own specific coverage options, they generally do not receive certificates of coverage under the standard provisions of a trustee group life policy. The policy is specifically aimed at providing coverage to current employees as part of their employment benefits, thereby fostering financial security in case of unforeseen events. This approach enhances employee retention and satisfaction while serving the needs of the workforce effectively.