Group-term life insurance is an affordable, employer-sponsored benefit that often requires no medical exam and can boost employee appreciation. Employers get tax deductions, while employees receive low-cost or free coverage (tax-free up to $50,000). Plans must follow IRS rules, and employers should educate staff and remind them to update beneficiary information.

As we approach the end of 2024, it's crucial for employers to stay ahead of their compliance requirements for employee benefit plans. Here’s a quick checklist to ensure you’re ready for 2025.

As your trusted insurance broker, we want to ensure that you are fully prepared for the upcoming 2025 employee benefits communication and compliance requirements. Here’s a clear checklist to help you get ready.