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Split-dollar Life: Insurance

In these arrangements, one party (usually the employer) pays some or all of the premiums, while the other (the employee) provides the life to be insured and designates beneficiaries for a portion of the death benefit. : Specifies which party pays the premiums.

Split Dollar Life Insurance Using Economic Benefit or Loan Regime split-dollar life insurance

: Defines whether the employer or employee owns the policy. In these arrangements, one party (usually the employer)

Split-dollar life insurance is not a specific type of insurance policy, but rather a between two parties—typically an employer and an executive—to share the costs, ownership, and benefits of a permanent life insurance policy. Core Mechanisms In these arrangements