Employees seek group life insurance to provide financial security and peace of mind to their loved ones in the event of their untimely death. Group life insurance, offered by employers as part of employee benefits packages, typically provides coverage at a lower cost compared to individual life insurance policies. In the unfortunate event of an employee's death, group life insurance ensures that their beneficiaries receive a lump-sum payment, which can help cover funeral expenses, outstanding debts, mortgage payments, and other financial obligations. This insurance serves as a valuable safety net for employees' families, offering them stability and support during a difficult time. Additionally, group life insurance often does not require medical underwriting, making it accessible to employees regardless of their health status.