Sentences with phrase «of key man policy»

Partnerships may elect to purchase a special type of key man policy called survivorship life insurance.

In the case that you transfer ownership of the key man policy to the employee, however, they may be liable to pay taxes, since this transfer may be considered a form of compensation.

Not exact matches

His emphasis on hard power and intelligence - gathering as the primary means of pursuing Canada's interests is now echoed by the current administration in Washington, which has gutted the State Department, allocated record amounts of funding to the military and appointed military - minded men in key foreign policy positions.

Arsenal fans know and understand the policy of Arsene Wenger in resting first team players in the Capital One Cup games, and even in the FA cup and Champions League games when we can, to give those key men a rest as well as giving some valuable opportunities to the up and coming Gunners from the academy and the likes of Debuchy and Gibbs who have not seen much action so far this season.

Picture this, we don't come out of the gate firing on all cylinders, Wenger speaks of how there wasn't enough time for the first - teamers to build chemistry, several key players aren't even playing because of Wenger's utterly ridiculous policy regarding players who played in the Confed Cup or the under21s and the boo - birds have returned in full flight... if these things were to happen, which is quite possible considering the Groundhog Day mentality of this club, how long do you think it will take for Wenger to recant his earlier statements regarding Europa... I would suggest that it's these sorts of comments from Wenger which are often his undoing... why would any manager worth his weight in salt make such a definitive statement before the season has even started... why would any manager who fashions himself an educated man make such pronouncements before even knowing what his starting 11 will be come Friday, let alone on September 1st... why would any manager who has a tenuous relationship with a great many supporters offer up such a potentially contentious talking point considering how many times his own words have come back to bite him in the ass... I think he does this because he doesn't care what you or I think, in fact he's more than slightly infuriated by the very idea of having to answer to the likes of you and me... that might have been acceptable during his formative years in charge, when the fans were rewarded with an scintillating brand of football and success felt like a forgone conclusion, but this new Wenger led team barely resembles that team of ore... whereas in times past we relished a few words from our seemingly cerebral manager, in recent times those words have been replaced by a myriad of excuses, a plethora of infuriating stories about who he could have signed but didn't and what can only be construed as outright fabrications... it's kind of funny that when we want some answers, like during the whole contract debacle of last season, we can't get an intelligent word out of him, but when we just what him to show his managerial acumen through his actions, we can't seem to get him to shut - up... I beg you to prove me wrong Arsene

This month, in the very week when claims of abuse in football dominated national news headlines, the Home Office published their key policy document which described how service commissioners should provide for men and boys who are victims of sexual violence, domestic abuse and other intimate crimes.

Diane Abbott's presence in the race electrifies the contest not because she is a black woman (though that is not unimportant) but because she has held a very different position on a number of key policies from the New Labour government of which the four men were members.

He has developed, implemented and supported key legislation, policies and programs related to various issues such as educational opportunity and academic outcome improvements; mentoring, leadership and literacy support for targeted Milwaukee youth; poverty; neighborhood revitalization; job creation, opportunity, quality and security for Milwaukee residents; and the development, success and achievement of young men of color in Milwaukee.

No matter what is your level of risk - smoker, pilot, diabetic, key man - we can help you find the best life insurance policy for your particular situation.

Key man life insurance differs from other life insurance policies in that the business is both the owner and the beneficiary of the policy.

Any type of life insurance policy can be structured as key man life insurance, including either of the two primary categories of life insurance:

No matter the type of policy you choose, you should make sure your key man life insurance offers flexible terms.

If the insured employee passes away, the key man policy's death benefit would be paid to the company free of income tax in most cases.

Key person insurance, also known as, key man insurance (a.k.a. key man policy) is a critically important form of business continuity planniKey person insurance, also known as, key man insurance (a.k.a. key man policy) is a critically important form of business continuity plannikey man insurance (a.k.a. key man policy) is a critically important form of business continuity plannikey man policy) is a critically important form of business continuity planning.

I will leave that question to your discretion and further review as we discuss some general benefits of using mutual whole life insurance for your key man life insurance policy.

Employers have policies referred to as key man policies that cover particularly significant employees in the event of their death.

The critical downside of term life insurance, for SBA loans (also applicable to other key man insurance) is that zero cash value accrues within the policy.

Our primary areas of expertise include term life insurance, universal life and equity indexed universal life, disability income insurance, in - force policy review, insuring tough health issues, business insurance including business succession and key man life and disability insurance, as well as estate planning.

If your business partners would suffer a financial loss in the event of your passing, an insurance policy to protect your business partners from this unforeseen loss would be considered a «key - man» policy.

Representing over 80 of the nation's highest rated and most respected life and disability insurance companies, MEG's primary areas of expertise include term life insurance, universal life, disability income insurance, in - force policy review, insuring tough health issues, business insurance including business succession and key man life and disability insurance, as well as estate planning.

In these cases, a custom designed high - limit key man life policy from Lloyd's of London can be purchased to cover the balance of the risk.

With key man insurance, the company buys a life or disability policy on the life of the key person.

When a business owner has an employee whose knowledge, experience, talent and / or skills are vital to the success of the business they can insure that employee with a key man policy.

A key man insurance policy provides crucial financial relief during a time of loss that affects you and your employees.

Regardless of how much insurance is applied for, whether life or disability, or requested by the business, an insurance company will approve a key man policy based on their interpretation of the true risk exposure.

With key man insurance in place, if one of your key employees goes down, your business will receive the proceeds of the policy and can sustain operations until contingencies plans are finalized.

Key man insurance provides a life policy on certain key members of an organizatiKey man insurance provides a life policy on certain key members of an organizatikey members of an organization.

Primary areas of expertise include term life insurance, universal life insurance, in - force policy review, insuring tough health risk, business life insurance including key man insurance, business succession planning, disability income insurance and estate planning.

If your business would be dramatically impacted by the loss of one or more of your top people, key man insurance can effectively protect against this risk and you should consider purchasing key man insurance policies to protect your company.

For years, companies both large and small have purchased and owned both key man life and key man disability insurance policies on the lives of their strategic people so that business continuity can be maintained in the unforeseen circumstances of a death or disability.

From life insurance policies granted to employees as a fringe benefit to key man coverage to protect the organization against the loss of vital executives, there are many life insurance options available to the business community.

No matter the type of policy you choose, you should make sure your key man life insurance offers flexible terms.

If the insured employee passes away, the key man policy's death benefit would be paid to the company free of income tax in most cases.

Key man insurance is a form of term life insurance, as most policies of this type are only valid for as long as the employee remains with the company.

Key man insurance is a policy the business holds that pays a benefit in the event of a core employee's death, just in case they are unprofessional enough to pass away in the middle of an important project.

A: Ultimately, the cost of any key man life insurance policy is determined by three things: age, health and amount and duration of the insurance policy.

Whatever you decide, make sure that you are purchasing key man life insurance policy coverage that will cover all of the needs of your business, or as much as possible.

The monthly payout option states that after the initial, elimination period of 30 - 90 days, benefits are payable at a monthly stated amount for the life of the key man disability policy which is usually 6 - 24 months depending on the company's need.

When purchasing a flexible premium universal policy for key man purposes, the primary objective is to provide a tax deferred cash accumulation vehicle for retirement income with a death benefit that can be paid to the key executive's family in the event of their death.

There are two basic types of life insurance used for key man life policies: term life insurance and permanent life insurance.

This form of key man life insurance is also usually a term life insurance policy.

Since, 1994, we have helped thousands of business owner's and companies of all shapes and sizes find the most competitive key man life insurance policies.

Because securing the future of your organization is so important, a lot of insurance companies offer «key man» insurance policies, which are specifically designed to protect the financial future of your organization.

We work with business owners on a daily basis and one of the most common questions asked is, «what is the difference between a regular life insurance policy and a key man insurance policy?»

The health of the key person is the most critical factor in determining the price of a key man life insurance policy.

Representing over 80 of the most respected life and disability insurance companies, our primary areas of expertise include term life insurance, universal life and equity indexed universal life, disability income insurance, in - force policy review, key man life, business succession planning, insuring tough health issues and estate planning.

The key man policy can also be used to make up for a temporary loss of profits due to the loss of an important staff member.

The purpose of the insurance will help you to identify just how long you need to keep a key man life policy.

To secure key man insurance, the business must apply for a life insurance policy on the life of the key person.

With both key man life and disability insurance, the business secures the policy on the life of the key person.