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Understanding worker advantages will be complicated.
Mixing in life insurance coverage makes it much more sophisticated, particularly a split-dollar life insurance coverage plan.
However it doesn’t need to be:
Whereas this explicit profit isn’t provided 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 resolve 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, learn how to terminate one in case you are already in a contract, and rather more.
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