Terry's employer withholds $600/year for her life insurance premiums. The total cost of the life insurance premiums through Great West Life for a $100,000 policy are $1,100 per. Choose the correct answer. Select one: O a $500 will be added to her gross employment income as life insurance premiums are a taxable benefit. b. $1,100 will be added to her gross employment income as life insurance premiums are a taxable benefit c. $500 will be deducted, as this is the amount Terry pays O d. $600 will be deducted, as this is the amount Terry pays