An educational benefits article that provides an overview of group-term life insurance, covering:

• The basics of how employer-sponsored group-term life insurance works

• Key advantages for both employers (low cost, tax-deductible) and employees (affordable, no medical exam required)

• IRS tax rules, including the $50,000 tax-free coverage limit and nondiscrimination requirements

• Plan requirements employers must follow to qualify as group-term coverage

• Important considerations such as medical underwriting limits, keeping beneficiary information updated, and the importance of employee education