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Group life insurance has
never been more affordable. It's considered a core benefit and will be
found in most employers' benefit offerings. Group life insurance schedules are
flexible and can be based on flat amounts or salary based formulas.
Schedules can also be based on class or income parameters.
- A low cost high value benefit
- Enhances the company's image
- Provides the cash to assist
the family in a crisis
- Unfortunately, in many cases,
employer provided life is the only life insurance an employee will have.
Amounts above $50,000 per
employee are subject to tax on the economic benefit based on the
government's
Table I schedule. Order information on group life insurance |