The benefit may include the original or basic policy death benefit, dividends, and
supplemental benefits as reduced by any outstanding policy loans, loan interest, prior policy withdrawals etc. as applicable.
Many successful businesses recognize the importance of their key employees and use executive benefit plans to provide
added supplemental benefits.
For example, participants whose plans offer a
temporary supplemental benefit in addition to an early retirement benefit often receive amounts greater than their straight - life annuity amount.
Although supplemental benefits are not required, their inexpensive premiums often provide a cost - effective option for reducing out - of - pocket costs.
Optional benefits, which may be available at any additional cost, may enable your fixed annuity to
provide supplemental benefits, as well, to help round out your retirement strategy.
Backed by flexible premium options, lifetime guarantees,
attractive supplemental benefits and exemplary customer service, our broad portfolio of life insurance products can play a vital role in family income protection, wealth preservation and estate planning.
I used to consider this card purely a «
supplemental benefits credit card,» meaning that I would use other cards like the Platinum or Prestige to obtain lounge benefits and only would use the Ritz for its other benefits and sign - up bonus.
A rider or
supplemental benefit by which an insurer agrees to waive premium payments if the policyowner meets the terms of disability stated in the contract.
Carpenters performing heavy construction work on buildings earn an hourly prevailing wage of $ 48.35, in addition to $ 46.12 an hour
in supplemental benefits, according to the rates for fiscal year 2016, released this week by Stringer.
The Professional Employer Organization Services segment provides employment administration outsourcing solutions through a co-employment relationship, including payroll, payroll tax filing, HR guidance, 401 (k) plan administration, benefits administration, compliance services, health and workers» compensation coverage and
other supplemental benefits for employees.
In the event of the key employee's death, the policy's death benefit is payable to the company which can be used to provide
continued supplemental benefits or to provide a lump sum benefit to the executive's named beneficiary.
The executive employee already has life insurance coverage from a personal policy, which means they have very little need for more coverage amount, but having the cash value component is a
nice supplemental benefit that they don't get through a personal term policy.
Backed by flexible premium options, lifetime guarantees,
attractive supplemental benefits and exemplary customer service, our broad portfolio of life insurance products can play a vital role in family income protection, wealth preservation and estate planning.
I think I'd still go with the competitors like the Sapphire Reserve, Prestige, and Platinum Card over the Ritz, but I certainly think the Ritz has more of a place at the table these days given recent changes and shouldn't be overlooked, even if it's still only going to serve as a «
supplemental benefits credit card.»
An executive bonus plan (Section 162) is a way for business owners or companies to provide
additional supplemental benefits to key employees or executives of their choice.
Elwood says you may also want to ask your agent about adding riders, when available, to
add supplemental benefits to your policy.
The Phoenix Remembrance Life policy is a simplified issue whole life insurance policy, which also
offers supplemental benefits that are designed for protecting the insured's loved ones and for leaving a legacy.
Split - dollar plans are frequently used by employers to provide
supplemental benefits for executives and / or to help retain key employees.
At
this supplemental benefits provider, there's a team whose sole purpose is to solicit employees» business ideas, suggestions, and pitches — and then put them into action.
Such products and services include an integrated suite of health services, such as medical, dental, behavioral health, pharmacy, vision,
supplemental benefits, and other related products including group life, accident and disability insurance.
Commonly referred to as «
supplemental benefits,» they have expanded with the rise of high - deductible health insurance plans and the availability of new kinds of benefits.
The idea behind RESAVER is to create a common pension fund so that
supplemental benefits will simply follow scientists whenever they change jobs or countries.
This supplemental benefit begins to be phased out once family net income exceeds $ 65,000.
The types are retirement, disability, survivors and
supplemental benefits.
Supplemental Benefits - Temporary payments made by a plan in addition to a participant's lifetime early retirement benefit.
Supplemental Benefits: If your plan provides supplemental benefits, such as temporary payments, they may not be fully guaranteed.
A rider or
supplemental benefit that provides an additional death benefit if death of the insured is by accidental means.
Additionally,
supplemental benefits aren't contingent on other plans, so you'll receive benefits no matter what.
Fine considers himself a political prisoner, because his raison d'etre over the past several years has been exposing the alleged corruption inherent in the courts of Los Angeles County resulting from the county's practice of tacking on an additional $ 57,000 in «
supplemental benefits» to the $ 178,000 state salary of Superior Court judges.
Some carriers, such as Minnesota Lawyers Mutual and Travelers, provide «
supplemental benefits» coverage of up to $ 5,000 for attorneys fees (per firm, per policy year) for defending ethics complaints.
Regarding life insurance products that are offered by Phoenix Life, the Phoenix Remembrance Life product is a guaranteed issue life insurance policy that offers
supplemental benefits.
Additionally,
supplemental benefits aren't contingent on other plans, so you'll receive benefits no matter what.
While there are only limited «accidental» circumstances where these benefits are payable, you may be able be able to pick - up
these supplemental benefits at a very low rate.
Deduction Amount A monthly charge in a universal life policy, deducted from the accumulation value on each deduction day, which is comprised of the cost of insurance charge and any other expense charge shown on the policy summary and any charge for
supplemental benefits.
Available only at issue, policyholders often add the rider as an optional or
supplemental benefit to a life insurance policy.
Supplemental benefits include emergency towing, uninsured motorist coverage and rental car coverage.
Providing them with an executive benefit package, including life insurance with cash value growth, or term insurance as
supplemental benefit can be an appealing addition to a compensation package.
A monthly charge in a universal life policy, deducted from the accumulation value on each deduction day, which is comprised of the cost of insurance charge and any other expense charge shown on the policy summary and any charge for
supplemental benefits.