Tag: Corporate Owned Life Insurance

Employer Owned Life Insurance Employer owned life insurance (EOLI) can be a boon for your business if you purchase policies on your key management employees. Why? Because if one of your essential employees dies, you can use the death benefit proceeds from your EOLI policy to keep your business operational. Use this “”financial cushion”” to […]

View More

Life Insurance On Employees Many people have the mistaken notion of associating life insurance with death. That is, you have to die in order to get the benefits. This is a myth that is preventing them from taking advantage of the many benefits of life insurance. In fact, life insurance is a powerful financial tool […]

View More

Company Life Insurance On Employees When you take out company life insurance on employees, you help your business in several key ways. Firstly, your shareholders can feel more secure that the company will stay solvent in the unfortunate event of an executive’s passing. Secondly, the benefit acts as a key incentive for your executives to […]

View More