There is no definitive answer to this question as it will depend on the specific business and their accounting practices. However, some possible expense categories for life insurance could include:
This would include any costs associated with protecting the business from financial loss in the event of the death of a key employee. This could include the cost of the life insurance policy itself, as well as any related legal or administrative fees.
If the life insurance policy is offered as a benefit to employees, then the associated costs would typically be classified as benefits expenses. This could include the cost of the policy itself, as well as any related administrative fees.
Some businesses may choose to classify life insurance costs under a more general category such as "other" or "miscellaneous". As with the other categories, this would include the cost of the policy itself, as well as any related administrative fees.