What is basic life EE?

What is basic life EE?

Basic life insurance is a type of group life insurance that is provided to employees at no or very low out-of-pocket cost. Insured individuals can expect that their beneficiaries will receive a limited and predetermined death benefit if the policyholder passes away during the coverage term.

See also  What is it called when you have to pay the first 1000 of the cost of a car accident?