How much will I be charged for Group Term Life and Accidental Death and Dismemberment Insurance?

The premiums are employer-paid; however, any amount of employer-paid insurance over the amount of $50,000 is subject to taxation as IMPUTED INCOME under Section 79 of the Internal Revenue Code. To calculate the imputed income, please review the imputed income example (PDF) for a better understanding of the imputed income cost versus the overall benefit.