Executive Benefits

Corporate-Owned Individual Life Insurance products are designed to offer an informal funding vehicle for non-qualified deferred compensation plans.

Deferred Compensation – our full service program includes:

Plan document and design consultation.
Complete administration and recordkeeping
Customized participant communications.
Mutual fund financing.
Multiple benefit account options.
Trust Services.
Split Dollar

Employer or employee owns life insurance policy.
Contribution not tax deductible by employer.
Employer’s equity may be bonused to employee at retirement.
Income tax-free death benefit to insured’s beneficiary.
Employer may recover cost..
Section 162 Bonus Plan

Employee owns life insurance policy.
Contribution currently deductible by employer.
Employer contribution taxed to employee.
Income tax-free death benefit to insured’s beneficiary.
No employer cost recovery.
Policy cash values can supplement income at retirement.