Looking for information about CORPORATE LIFE INSURANCE OFFICERS? Follow the links below to find all the information you are interested in. Addresses, telephones, emails, working hours and other useful information.
Corporate Officers - National Guardian Life Insurance Company
- https://nglic.com/Who-We-Are/Corporate-Officers
- Knut A. Olson is President & CEO of National Guardian Life Insurance Company and is a member of the Board of Trustees. Olson joined NGL in 2019 with nearly 30 years of insurance experience, beginning as an insurance agent and advancing to various leadership roles managing life insurance, annuities, investment products and insurance operations.
Are Officer Life Insurance Premiums Deductible? Boyum ...
- https://myboyum.com/business-tax/officer-life-insurance/
- Jan 01, 2018 · Many companies have life insurance on key employees and officers. Kind of grim subject, but obviously if the key officers or shareholders get hit by a bus and dies, the company is going to have some rough times. The life insurance proceeds can certainly help.Estimated Reading Time: 1 min
Company-Owned Life Insurance - Journal of Accountancy
- https://www.journalofaccountancy.com/issues/2000/jan/companyownedlifeinsurance.html
- In general, a business cannot deduct premiums paid on a life insurance policy (even though they are otherwise deductible as a trade or business expense) if the company is directly or indirectly a beneficiary under the policy and the policy covers the life of a company officer or employee or any person (including the company) with a financial interest in the business.Estimated Reading Time: 3 mins
Life Insurance for Executives and Business Professionals ...
- https://cfainsure.com/life-insurance-for-executives-and-business-professionals/
- Oct 01, 2019 · Executives will need life insurance for succession planning. If one of the executives or shareholders dies, then a life insurance policy will enable the other executives to buy the deceased’s business interests, depending on the kind of agreement put in place. Key Person Life/Disability PlanningEstimated Reading Time: 10 mins
Is Officer Life Insurance Deductible? Pocketsense
- https://pocketsense.com/officer-life-insurance-deductible-8558318.html
- Jul 27, 2017 · Officer and employee life insurance are deductible to the company if the officers and employees themselves are the beneficiaries. However, this doesn't provide any financial benefit for the company in the event of a death. If the company itself is a beneficiary under the contract, the premiums are not deductible.Author: Madison Garcia
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