Tag Archives: group term

Life Insurance Basics

Posted on October 3, 2016 by robertjrussellcompanies

Term or Perm Insurance, Whats The Difference? There are many types of life insurance including; Whole Life, Universal Life, Indexed Universal Life, Variable Life and Term Life: Whole life: You generally make level (equal) premium payments for life. The death … Continue reading →

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When does Employer Paid Group Term Life Insurance become taxable?

Posted on September 19, 2016 by robertjrussellcompanies

If the amount of employer paid term life insurance is $50,000 or below, the value of the employer paid policy is not treated as taxable income to the employee.  When the amounts of coverage exceed the $50,000 threshold then that excess amount … Continue reading →

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