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Retirement

Who collects my group insurance proceeds if I pass away before I retire?

 

​If your group insurance plan also comes with death benefit coverage, your beneficiaries will be entitled to collect the sum set aside as a death benefit if you pass away before you retire.

Death benefit coverage means that your beneficiaries will collect a pre-set sum of money if you should pass away before your group insurance plan maturity date.

For more information about death benefit coverage, see our detail page.