Employer-Offered Life Insurance
Employer-Offered Life Insurance
Learn how basic and supplemental group life insurance works, how guaranteed issue and evidence of insurability affect enrollment, and how to evaluate benefit amounts, age reductions, portability, conversion, beneficiary administration, and tax treatment.
What You Will Learn
Learning objectives for this course.
Who This Course Is For
This course is designed for the following roles.
Course Modules
7 modules · 7 lessons
The Role of Employer-Sponsored Life Insurance
Understand the financial problem life insurance is designed to solve.
1 lessons · 5 min
Basic Group Term Life
Understand common employer-paid plan designs.
1 lessons · 5 min
Supplemental Life for Employees and Dependents
Understand voluntary buy-up options.
1 lessons · 5 min
Guaranteed Issue and Evidence of Insurability
Understand when medical underwriting applies.
1 lessons · 5 min
Age Reductions, Earnings Definitions and Maximums
Recognize contract provisions that can unexpectedly reduce benefits.
1 lessons · 5 min
Beneficiaries, Portability and Conversion
Understand critical administrative and termination issues.
1 lessons · 5 min
Tax Treatment and Employer Administration
Understand the basic federal tax issue created by employer-paid group term life.
1 lessons · 5 min
Earn Your Certificate
Complete all modules, pass the module quizzes, and score 80% or higher on the 5-question final exam to earn your certificate of completion and 1.0 certificate hours.
Educational content only. Employer Benefits IQ content is not legal, tax, accounting, medical, or fiduciary advice. Rules vary by plan design, policy language, employer facts, employee facts, state law, and future regulatory changes. Employers should confirm plan-specific decisions with qualified legal, tax, accounting, carrier, and benefits professionals.