Category: life insurance
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Group-term Life Insurance: Commonly Asked Questions
Many employers provide employees with employer-paid group-term life insurance benefits or arrange for employees to purchase group-term life insurance benefits. Internal Revenue Code (Code) Section 79 includes the tax rules for employer-provided group-term life insurance.
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Understanding the Advantages of Key Person Life Insurance
Key person life insurance helps minimize your risks in the event that one of your key employees dies, becomes disabled or leaves the company prematurely.