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Understanding worker advantages may be complicated.
Mixing in life insurance coverage makes it much more difficult, particularly a split-dollar life insurance coverage plan.
Nevertheless it doesn’t should be:
Whereas this explicit profit isn’t supplied that usually to workers, the idea of the way it works is straightforward. As soon as you work it out, it is possible for you to to determine if a split-dollar settlement is for you.
On this publish, I’ll go over the definition of split-dollar life insurance coverage, the way it works, the way to terminate one if you’re already in a contract, and way more.
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