Idaho Life Insurance: What you need to know

Employers have no obligation under Idaho law to offer life insurance to their employees. However, if group life insurance is among the benefits offered to workers, certain minimum requirements must be satisfied (ID Code Sec. 41-2001et seq.).
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Group characteristics. The group must include all employees or all employees belonging to the class defined as eligible for coverage and based on conditions pertaining to their employment.
The policy may provide that the term “employees” includes the employees of any subsidiary corporations and the employees, individual proprietors, and partners of any affiliated companies if the business of the employer and of the affiliate is under common control. The policy may provide that the term “employees” includes individual proprietors or partners. The policy may also provide that the term “employees” includes retired employees. No director of a corporate employer may be eligible for insurance under the policy unless such person is otherwise eligible as a bona fide employee by performing services other than the usual duties of a director. No individual proprietor or partner will be eligible for insurance under the policy unless he or she is actively engaged in and devotes substantial time to conducting of the business of the proprietor or partnership.
Employer/employee contributions. The premiums for a policy may be paid by the employer, by the insured employees, or by both. A policy for which the employer pays the full premium must insure all eligible employees except those for whom evidence of individual insurability is not satisfactory to the insurer or who have rejected the coverage in writing.
Dependent coverage. The spouse and minor children of employees ...

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