Factors to Consider when purchasing Group Term Life Insurance
- Life product specific to IRS Section 79
- Employee benefit focusing on executive group
- Often sold as tax deductible life insurance
- ROI on product is frequently extremely low
- High sales commission often masked by tax deduction
- Often sold to Doctors and others professionals
- This is a buyer beware product
- There is almost always a better way to purchase life insurance
Get all the facts before you buy group term life insurance for your employees.