6. Life Insurance Employers have the option to provide life insurance benefits to their employees. If you are considering offering this voluntary benefit, you will need to decide on the eligible recipients, the specific type of life insurance coverage to provide, and the appropriate and cost-effective amount of life insurance. Basic Life + AD&D 100% Employer Paid! You can't put a price tag on your life, but you can protect your loved ones with life insurance in the event of a premature loss. Basic Life benefit: 1x your earnings to a max of $100,000 10