| Life Insurance Life insurance, long-term disability, and / or short-term disability policies are often covered under an employer’s benefits. These policies are often additional benefits that are included in insurance policies or provided at a minimum cost and give the employer the ability to offer another perk to its employees. Life insurance policies usually provide coverage in the amount of the employee’s annual salary and are payable to his / her dependents / beneficiaries, not to the employer. In some cases, life insurance may be increased by the employee at his / her own expense, this is not a pre-tax benefit but it allows the employee to provide his / her beneficiaries with an amount of income should the employee pass away. |