A term life insurance policy, or life insurance that only pays off if the covered individual dies within the specified term, that covers a group of people, typically employees of a company. A group term life insurance policy provides better value to group members due to shared administrative costs and other factors.
Related information about group term life insurance (GTL):
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Definition of group term life insurance (GTL): A term life insurance policy, or life insurance that only pays off if the covered individual dies within the specified term ...
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Jan 25, 2012 ... How is the taxable value of Group Term Life Insurance (GTL) determined? The taxable value of. GTL is determined using the IRS Uniform ...
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Jan 21, 2010 ... Many employers who provide group term life insurance (GTL) also give employees the opportunity to purchase supplemental coverage for ...
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Group Term Life Insurance (GTL). Payable upon death, regardless of cause. Waiver of premium: Coverage is continued without payment of premium during total ...
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Group-term Life Insurance (GTL): Term life insurance that is provided to employees, with the cost being borne by the employer, the employee, or both.
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A. Certain Insurance Premiums/Allowances. Group Term Life Insurance (GTL). The cost of district-provided group term life insurance (which includes cafeteria ...
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2 Minimum SAF Group Term Life Insurance (GTL) sum assured of S$300,000 ( for servicemen) and S$100,000 for dependants is required. To find out more ...
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Affordable Group Premiums. · Flexibility. Choose the same, or different, amounts of coverage for you and your spouse. · Convenient Payment Plan. Quarterly ...