Group Life Assurance Death benefits assured for a group of members are cheaper than taking out individual policies Life offices tend to refer to death benefits by a proprietary name GLA benefits are in the form of a lump sum and are usually a multiple of salary
Gross Living Area The living space of the home (GLA is above grade, basements are not above grade)
or Gross Leasable Area: refers to the total area within a retail or office property that is available for lease to tenants and upon which tenants pay rent A propertys GLA is usually expressed in square feet