How many of your employees have enough personal insurance? According to many surveys, they don’t. A group term life plan can provide a flat amount of coverage like $50,000 in the event an employee kicks the bucket or you can match it to their salary.
Based on current tax rules, an employer is able to deduct these premiums if the death benefit is below $50,000.
“Low cost benefit to help your employees family at the worst of times. We never know when the game will officially end.”
John Gotschall