Question

Insurance premiums paid by the employer on the employee's behalf are a benefit.

True
False

Answer 1

True, they are a benefit. Not all employers pay any of the employees insurance premiums

Answer 2

The given statement is:

TRUE.

Explanation:

A popular employee benefit which is applied for both employers and employees is life insurance.The offering of such insurance is completely based on their will it or we can say that it is optional.

But it most important to determine who is benefited by the insurance, what type of insurance they need in order to be benefited and how much life insurance could they afford.

Hence, the given statement:

Insurance premiums paid by the employer on the employee's behalf are a benefit is a TRUE statement.