Group Universal Life Plan

A form of group life insurance that combines term protection for designated beneficiaries with an investment element for the policyholder, which can be used to create nontaxable permanent insurance or to accumulate tax-deferred capital. Participation is entirely voluntary and the employee pays all premiums.

POPULAR BLOGS

The Top Machine Learning Skills in Demand in 2026

Emerging AI Skills in Demand in 2026

United States and Canada Minimum Wage Updates - July 2026

View All Blogs

Explore Compensation Solutions

Pay Equity

Salary Survey Management

Shift Differentials

View All Solutions

WHITE PAPERS

Top Performing White Papers

National Compensation Forecast April 2026

Compensation Strategies for Remote Work and Organizational Culture – Fall 2025

Planning Global Compensation Budgets for 2026 - January 2026

View All White Papers

Featured White Paper

Common Compensation Terms and Formulas - January 2026

Includes the latest updates: Compensable factors, defined benefit plan, job leveling, lead differential, shift differential and more.
Salary structure formulas and strategies

Download Now

Compensation Glossary

POPULAR BLOGS

POPULAR BLOGS

Explore Compensation Solutions

Top Performing White Papers

Popular Searches

Featured White Paper

Learn More About ERI’s Assessor Platform

View Our Latest White Paper

National Compensation Forecast April 2026

ERI has been focused on researching compensation for over 35 years

Compensation Glossary