Voluntary Group Life Insurance provides coverage for the death of a member of the group. The amount of coverage provided is determined by the individual member, who chooses the level of insurance that they require. This type of insurance can be purchased by groups such as professional associations, employee organizations, trade unions, and other similar groups.

One of the main benefits of voluntary group life insurance is that it allows individuals to obtain life insurance coverage at a lower cost than they would be able to get on their own. Since the insurance company is providing coverage to a group, the premiums are typically lower than they would be for an individual policy.

Additionally, voluntary group life insurance usually has less restrictive underwriting requirements than individual policies. This means that members of the group who may not qualify for individual life insurance due to pre-existing health conditions or other factors may still be able to obtain coverage through the group policy.