Delaware Life Insurance laws & HR compliance analysis

Delaware Life Insurance: What you need to know

Employers have no obligation under Delaware 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 (DE Code Tit. 18 Sec. 3101 et seq.).
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Group characteristics . The group to be insured must include all employees belonging to the class defined as eligible for coverage. Those eligible for coverage may include employees of subsidiary corporations, and the employees, individual proprietors, and partners of affiliated businesses under common control. Also eligible are individual proprietors or partners, retired employees, former employees, and directors of a corporate employer. A policy, however, may specifically exclude agricultural employees.
Beneficiary. The employee may name anyone except the employer as beneficiary.
Employer/employee contributions. Employers are not required to make a contribution toward the cost of group insurance. If the employer pays the entire cost, all employees in the eligible class, except those who reject coverage in writing and those determined to be uninsurable, must be covered by the policy.
Dependents. The policy may be extended to cover employees' family members or dependents. Employers are not required to make a contribution toward the cost of family or dependent coverage. If the employer pays the entire cost, all family members or dependents in the eligible class, except those determined to be uninsurable, must be covered by the policy. The employer may limit the amount of insurance on a spouse or dependent child to a percentage of the amount on the employee.
Coverage during disability. If active employment is a condition of group membership, the ...

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