Split-Dollar Life Insurance
Support for your succession strategy.
Today 25% more credit unions are using Split-Dollar Life Insurance to add value to their executive compensation packages.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.