The premiums paid by an employer for his employee's group life insurance are usually considered to be?

The premiums paid by an employer for their employee's group life insurance are generally considered tax-deductible expenses for the employer. This means that the employer can deduct the costs of providing this insurance from their taxable income, thereby reducing their overall tax liability. The deductibility of these premiums is a significant incentive for employers to offer group life insurance, as it not only provides employees with valuable benefits but also offers financial advantages to the business.

It's important to note that while the premiums are deductible for the employer, the death benefits paid out to beneficiaries are typically not taxable to them, which is a common provision in many life insurance policies. This arrangement makes group life insurance an attractive benefit for both employers aiming to enhance their employee compensation packages and for employees who receive the coverage without additional tax burdens upon payout.