Life Insurance Reviews
        
      Great-West Life Life Insurance Reviews
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  (16 reviews)
  Affordable Life Insurance?
- Rates from 20+ life insurers
 - Premiums start at $12/month
 - Standard & Guaranteed plans
 - Can be purchased remotely
 
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I was forced to buy into group insurance. What they don't tell you is that it is a tiered system, meaning the high level management personnel receive extraordinary benefits on the backs of the mid-level employees. As middle management I was hit the hardest, my premiums were very high because of my salary, but I did not receive the top level of benefits and the already over paid upper management did. It still bothers me and when I left the company, I had paid more than 13 years of life insurance premiums that I was told had "no cash value". In a private plan, those premiums are often paid back to you, but I received nothing and was immediately without coverage the day I left the company. It is even incredible hard to get a clear answer what your benefits actually cover.