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It depends on what the employee benefit plan provides. You need to check the employee benefit handbook.

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โˆ™ 2014-06-30 22:33:35
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Q: Can an employee take their life insurance policy with them when they leave the company?
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Related questions

If an employee leaves does the employer have to provide Cobra insurance until they find another insurance company?

If you had an employee covered under a group policy (less than 5), do you have to provide Cobra insurance to the employee until they find other coverage if they leave the company?

Who is responsible for funding workers compensation?

the employer usually pays an insurance policy that covers the employee if they need workers comp leave.

Is an employer obligated to pay health insurance premiums when an employee goes on short term disability when they normally pay it if employee is not on short term disability?

The employer is obligated to follow its own written policy about employees out on short-term disability leave. The employer cannot, for example, pay for the president's health insurance when she is out on STD leave and then not pay for the entry-level clerk's health insurance when he is out on STD leave. If the employer does not have a written policy, then all employees who take a disability leave should be treated the same.

Is this life insurance good only as long as you work for this company?

This is a totally wrong conception. Even while you leave the company you are presently working for, the life insurance policy will continue provided you pay the renewal premia regularly.

Why an employee leave there job?

When a Manager behave with the employees as machine, when he takes the work forcefully to reach the targets then employee feels as misbehave, and he has to leave the company. In fact he leaves the manager not the company. When manager can not promote an employee, asks to follow the rules very rudely, can not manage for the progress of an employee then the employee feels his future in dark, and the result is that he has to leave the company. If he could not leave the company then he will work as a machine and loses his efficiency of work that may harm the organization.

Can an employee sue over your company limiting amount of vacation time each employee may carry over to the following year?

Hi~ It all depends on your company's policies in regards to leave. You can only "sue" if the policy clearly states that remaining vacation leave can be carried over the following calendar year. My personal experience is that it is usual for employers to have a "use it or lose it" policy. Hope this helps.

Who pays for employees pregnancy disability claim in PA?

Pennsylvania does not have state disability or mandated paid leave. If you have a policy, then the insurance company would pay the claim.

How can an employee avail of the vacation leave provided by a company?

An employee can start to avail of the so called vacation leave or sick leave benefits provided by the company or employer when his/her employment status with the company he/she is currently working already reached the so called regular status

If you leave a key in the backdoor of your house and someone breaks in will you still get paid out by the insurance company. Door was locked key on the inside?

Yes, unless there is an exclusion to the contrary in your policy.

What does the initials NJ Employee FLI mean on a paycheck?

New Jersey Family Leave Insurance.

I wish to buy travel insurance for my elderly parents, and was wondering if your insurance agency sells travel insurance to senior citizens?

Most insurance agencies offer discounts for the elderly, and this insurance works no matter the state you're currently in. Check with your insurance company before you leave to make sure you're covered under your current policy.

What is Key Man life insurance?

Key Man life insurance is another name for business insurance. It protects the business from certain losses. A business may also elect to take this insurance out on an employee whose knowledge, works, or overall contribution is considered quite valuable and would be considered a huge loss if the employee elected to leave at some point. This would allow the company to train a successor in this case.

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