Can a company require you to pay for or Opt in to their Life Insurance plan?

Yes, a company can require you to pay for or opt-in to their life insurance plan. This is a common practice among employers as they often offer group life insurance coverage to their employees as part of their benefits package. Under a group life insurance policy, the employer is the policyholder and pays the premiums, while the employees are typically covered under a blanket policy without having to undergo a medical examination or provide proof of insurability. The amount of coverage provided to employees can vary and may be based on factors such as salary, job position, or length of service. In most cases, employees are automatically enrolled in the group life insurance plan and the premiums are deducted from their paychecks. However, some companies may give employees the option to decline coverage or choose a different level of coverage based on their needs. It's worth noting that group life insurance coverage is usually less expensive than purchasing an individual life insurance policy on your own, and it can provide a valuable safety net for your loved ones in the event of your unexpected death. Additionally, many group life insurance policies also offer additional benefits such as accidental death and dismemberment coverage, as well as coverage for dependent children. In summary, a company can require you to pay for or opt-in to their life insurance plan, and many employers offer group life insurance coverage as part of their benefits package. It's important to carefully review the details of the coverage provided, as well as the cost and any additional benefits, before deciding whether to enroll in the plan or decline coverage.