Split Dollar, in its most basic sense, is not
an insurance sale, but a method of funding a needs-driven sale.
Split Dollar can provide
Estate liquidity
Family survivor income
Funding for buy-sell arrangements
Employee fringe benefits
Temporary insurance needs
Pre-retirement death benefits and post-retirement
income
In the Employer-owned arrangement of Split Dollar,
the employee is taxed on the economic benefit of the death benefit,
and cash values are treated as employer assets.
The Employer-owned Split Dollar module lets
you select premium and death benefit splits, bonus options and
calculations to achieve the lowest cost on Second-to-Die policies.
