In a group life insurance plan, who receives the Certificate of Insurance?

In a group life insurance plan, the Certificate of Insurance is issued to the employees rather than the master contract, which is held by the employer. This document serves as proof of coverage for individual participants within the group policy, outlining the terms and conditions of their insurance.

The master contract itself typically contains the overarching details of the group insurance arrangement and is between the insurance company and the employer. However, since the employees are the ones who are insured under this plan, they receive the Certificate of Insurance to confirm their personal coverage details, benefits, and any necessary information they may need to understand their policy.

This distinction is vital since it emphasizes the role of the employer as the contract holder while ensuring that the employees have access to their specific insurance information, empowering them to know their rights and benefits under the group plan.