Understanding worker advantages will be complicated.
Mixing in life insurance coverage makes it much more difficult, particularly a split-dollar life insurance coverage plan.
However it doesn’t should be:
Whereas this explicit profit isn’t supplied that always to workers, the idea of the way it works is easy. As soon as you work it out, it is possible for you to to determine if a split-dollar settlement is for you.
On this publish, I’ll go over the definition of split-dollar life insurance coverage, the way it works, terminate one in case you are already in a contract, and rather more.
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