In a group life insurance policy, what document is provided to employees summarizing their coverage?

In a group life insurance policy, the correct document provided to employees that summarizes their coverage is known as a Certificate of Insurance. This document serves as proof of insurance and provides essential information about the coverage benefits, including details such as the amount of coverage, the insured individuals, and any specific terms or conditions related to the policy. It is a crucial piece of documentation that allows employees to understand their benefits and rights under the group policy.

Although terms like policy statement, coverage summary, and benefit booklet might sound familiar in the context of insurance documentation, they typically do not fulfill the same role as the Certificate of Insurance. A policy statement may outline the general terms of the insurance policy but is not personalized for each employee. A coverage summary might provide an overview but lacks the formal recognition of insurance coverage that the Certificate offers. Meanwhile, a benefit booklet might offer detailed explanations of the benefits available but is generally less formal than the Certificate of Insurance and may not serve as proof of coverage.