Split-Dollar Life Insurance
Support for your succession strategy.
In the last four years, there has been a 54% increase in the number of split-dollar plans at credit unions.1 By splitting the cost and the benefit of life insurance ownership between your credit union and its key executives, you have a cost-effective way to retain your top talent. With customizable features, including payout terms and plan structures based on interest rate environments, you’ll have a plan that fits your budget—and your leadership continuity plan.
Benefits for You
- Flexible payout terms based on the executives’ years of service, retirement and other milestones
- Customizable to suit different interest rate environments—with guidance from our knowledgeable team
- Recoup the cash you put into the plan, along with the opportunity to generate interest income
Every situation is different. You can trust our non-commissioned specialists to help you customize a plan that meets your strategic goals. To request your no-cost consultation, call 800.798.0770, extension 665.8507.