Group Term Life Insurance Estimator
How much do you earn per year in gross wages?
You must enter in a wage value greater than zero (0) above to continue!
Does your employer provide a flat coverage amount (Ex: $200,000)?
How much flat-coverage does your employer provide you?
You must enter in a flat coverage value greater than zero (0) above to continue!
Please indicate how many times your annual salary your employer provides Group Term Life Insurance Coverage for below:
You must enter in a value greater than zero (0) above to continue!
How often are you paid?
How old will you be this year?
You must enter in an age greater than zero (0) above to continue.
Group Term Life Insurance Premium Estimate
The annualized amount of this premium will be:
The premium which will be imputed in your income each paycheck will be:
**The above number is an estimation and should only be used as a reference point. Questions regarding the amounts you are paid, deducted, or taxed should all be brought to your employer for further clarification. Workforce 2080 provides these estimations to assist employees and employers determine a rough estimation of what taxes, payments, or deductions *could* be. These estimations should not be construed as implict or explicit guarantees in any way. Many factors come into play, such as rounding of figures in Payroll Software, errors in the submission through this portal etc. Workforce 2080 assumes no risk with these estimations and provides these tools to help educate the general population. All users who use these products and estimators outside of their intended use assume risk when used outside of the scope of educational and general knowledge.
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