Protect your business against financial loss in the event of a key individual’s death. This may be an owner, executive, or anyone whose death could create financial hardship for the company.

Ensure that surviving owners have the right to purchase an owner’s interest if the owner dies. This guarantees fair compensation to the descendent’s beneficiaries.

Cover each eligible employee by a master contract at premium rates based on age and gender. Plans may be employer or be primarily contributed to by the insured.

Learn about life insurance where the ownership of the policy, cash value, and the death benefit are divided. The company provides lifetime protection for an employee but retains the ability to recover its policy contributions.

Allow executives to defer a portion of their current compensation until retirement. This benefit is frequently offered and limited to a small group of key executives.

Often called “Executive Bonus Plans,” Section 162 plans are a simple way to reward top executives. The employee’s premium is then bonused—usually as taxable income to the employee and tax-deductible to the employer.