Basic life insurance

Basic life insurance provides a benefit to a beneficiary if the person covered by the policy passes away, or in the event of certain accidents during the defined covered period.

Employers: if you want to offer your team life insurance through Gusto, you can set up benefits in your admin account anytime. You must offer medical coverage first. If you offer life insurance through a third party, you can set up benefit deductions for payroll

If your company offers life insurance through Gusto, the policy is non-voluntary. This means that the company pays 100% of the premium and all eligible employees are automatically enrolled. Dependents are not eligible to enroll.