Group term life insurance Sunday, June 18, 2006
The most common form of group life insurance. Yearly renewable term insurance on employees during their working careers.
Life insurance coverage purchased by an employer for a group of employees. Such insurance is renewable on a year-to-year basis and does not accumulate in value; that is, no cash surrender value is built up. The premiums paid by the employer on such insurance are usually not taxed to an employee unless coverage exceeds $50,000.
posted by your Insurance @ 9:55 AM,
