If your employer has life insurance on you they would have to advise you of the coverage.
IRS code 101(j) requires that all employers have the employee sign a "consent" form for Employer Owned Life Insurance if they want a life insurance policy on you.
The main reason your company would want a life insurance policy on you is if you are a key employee who is "key" to the business succeeding. And even then it is nothing to worry about and perfectly normal for a business to insure the life of a key person.
Learn more about key person life insurance.
IRS code 101(j) requires that all employers have the employee sign a "consent" form for Employer Owned Life Insurance if they want a life insurance policy on you.
The main reason your company would want a life insurance policy on you is if you are a key employee who is "key" to the business succeeding. And even then it is nothing to worry about and perfectly normal for a business to insure the life of a key person.
Learn more about key person life insurance.
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