In a group life insurance plan, who may require that employees pay premiums for dependent coverage?

In a group life insurance plan, it is typically the employer who may require that employees pay premiums for dependent coverage. Employers often design group insurance policies with shared responsibilities regarding premium payments. While the employer may cover the premium for the employee's own coverage, they have the option to require employees to contribute to the costs associated with dependent coverage. This arrangement is particularly common in group plans where the employee may want additional benefits for their spouses and children, which can result in additional costs.

The insurance company is involved in underwriting and managing the policy but does not dictate who pays the premiums for dependents. The policyholder, usually the employer in a group plan, has the primary responsibility for the overall management of the policy, but the financial obligations for dependents can be passed on to the employees. Beneficiaries are the individuals who would receive the insurance benefit in the event of a claim, and they do not have any role in the payment of premiums. Understanding this dynamic is crucial for employees when evaluating their group life insurance options.