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Louisiana Life Insurance: What you need to know

Employers have no obligation under Louisiana 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 (LA Rev. Stat. Sec. 22:941et seq.).
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Group characteristics and eligibility. The group must include all employees or all of any class or classes of employees determined by conditions pertaining to their employment. Amounts of insurance must be based on some plan that rules out individual selection by the employer. The group may include employees or retired employees of any employer or subsidiary employer and individual proprietors or partners if the employer is an individual proprietorship or partnership. Directors may not be considered as employees unless they perform substantial duties for the employer in addition to those usually performed as directors.
Beneficiary. The employee may name anyone except the employer as beneficiary.
Employer/employee contributions. Employers are not required to make any contribution toward the cost of group insurance. If the employer pays the entire premium, all eligible and insurable employees must be covered. An insurer may, but is not required to, establish a percentage of eligible employees who are required to enroll and participate in a group policy if the entire premium is not paid by the employer.
Coverage of dependents. Coverage may be extended to employees' spouses and unmarried children under 21 years of age or, in the case of full-time students, unmarried children under the age of 24, and unmarried grandchildren under 21 years of age in the legal custody of and residing with the grandparent or, in the case of full-time students, unmarried ...

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