The IRS allows an employer to purchase life insurance for each of their employees. The premium is completely deductible for face amounts up to $50,000.00. It may include double indemnity for accidental death and amounts for dismemberment. It can also include a face amount for each family member. Employees do not own the policy, but the do have the right to name the beneficiary of the policy. Typically, employers will purchase the same amount for each employee. In case of class distinction, a different amount can be purchased for each class when no class has more than 2 1/2 times the class below.

Premiums are established as a "cost-per-thousand" with a flat amount for dependent coverage.

Carriers: United Heritage, MetLife, States West, Regence BlueShield, Hartford, Unum and others.