Split-Dollar Insurance Agreement (Endorsement Method)
A split-dollar arrangement is a strategy in which a life insurance policy's premium, cash
values, and/or death benefits are split between two parties (owner and non-owner). It
is not a type of life insurance or a reason for buying life insurance; rather, it is a method
of financing the purchase of life insurance. Split-dollar is generally most appropriate
when one party (the company) has the cash to pay the premiums for life insurance
and the other party (the employee) has the need for life insurance. Depending upon
the method of split dollar used, the policy owner may be the employer, the insured/
employee, and the insured's trust or a third party.
There are two common forms of structuring the ownership of a split-dollar insurance arrangement: endorsement or collateral assignment. When an endorsement split-dollar arrangement is used in a business context the employer typically pays the premiums on a life insurance policy on the life of the employee.
Las Vegas Nevada Split-Dollar Insurance Agreement (Endorsement Method)
Category:
State:
Multi-State
City:
Las Vegas
Control #:
US-0901BG
Format:
Word;
Rich Text
Instant download
Description
Free preview
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FAQ
He named the valley "Las Vegas," which translates roughly into "The Meadows," to acknowledge the wild grasses which grew in the nutrient rich desert soil with ample supply of water.
Known officially as Las Vegas Boulevard, the Las Vegas Strip is the most recognizable street in Las Vegas. It is home to the most famous hotels and s in the city, which makes it one of the most photographed and visited avenues in the world.
The Las Vegas Strip is well known for its lounges, showrooms, theaters and nightclubs; most of the attractions and shows on the Strip are located on the hotel properties.
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