Voluntary life insurance is a type of life insurance that is offered to employees by their employer as an additional benefit. Unlike traditional life insurance, which is typically provided by the employer and required as a condition of employment, voluntary life insurance is optional and employees have the choice of whether or not to enroll in the coverage.

In a voluntary life insurance plan, the employee pays the premiums for their coverage out of their own paycheck. The employer may offer to pay a portion of the premium as an additional benefit, but the employee is ultimately responsible for paying for their coverage.

Voluntary life insurance policies typically offer a range of coverage options, including term life insurance, whole life insurance, and universal life insurance. Employees can choose the type of coverage that best meets their needs and budget.

Voluntary life insurance can be a valuable benefit for employees, as it provides financial protection for their loved ones in the event of their death. It can also help to cover expenses related to end-of-life care, such as funeral costs.