Group term life insurance is life insurance offered as an employee benefit. Often a base amount is covered at no charge, with the option to add more.

Group life insurance is offered by an employer or another large-scale entity, such as an association or labor organization, to its workers or members.

Employer-sponsored group term life insurance is often a free employee benefit. But it may not be enough to cover your family's needs if you die.

Term life insurance is a guaranteed life benefit paid to beneficiaries of the insured after death.

Life insurance is a contract in which an insurer, in exchange for a premium, guarantees payment to an insured's beneficiaries when the insured dies.

Feb 6, 2024 · Find out if group-term life insurance coverage provided for employees is taxable.

Term life insurance is a type of life insurance policy that provides coverage for a certain period of time, or a specified “term” of years.

Group term life insurance (GTL) is a common benefit provided by employers. Coverage can also be extended to employees' spouses or dependents. Your employer may ...