A method of purchasing life insurance whereby the employer and employee jointly purchase the policy, pay premiums and share in the policy’s benefits.
A method of purchasing life insurance whereby the employer and employee jointly purchase the policy, pay premiums and share in the policy’s benefits.
A combination of Installment Annuity and Term Insurance under which the amount of annuity consideration (premium) paid determines the amount of one-year renewable Term Insurance an annuitant can purchase and place on the life of anyone designated.