If the Employer Provides All Employees with Group Term Life

question 64

True/False

If the employer provides all employees with group term life insurance equal to twice the employee's annual salary, an employee with a salary of $50,000 has no gross income from the life insurance protection provided by the employer.

---

Definitions:

Upper Paleolithic

The final phase of the Paleolithic period, characterized by the emergence of high-quality stone tools, art, and early forms of human cultural behavior.

Human Fossil Record

The collection of all known fossils of ancient humans and their immediate ancestors, providing insight into the evolution of Homo sapiens.

Ground Dwellers

Organisms that live and spend most of their life on the ground as opposed to in trees or water.

Strepsirhines

The subdivision within the primate order based on shared genetic characteristics; includes lemurs and lorises.