Living Benefits of Life Insurance
Many people use life insurance, and in particular cash value life insurance, as a source of benefits to the owner of the policy (as opposed to the death benefit which provides benefit to the beneficiary). These benefits include loans, withdrawals, collateral assignments, split dollar agreements, pension funding, and tax planning.
Read more about this topic: Universal Life Insurance
Famous quotes containing the words living, benefits, life and/or insurance:
“Kittering’s brain. What we will he think when he resumes life in that body? Will he thank us for giving him a new lease on life? Or will he object to finding his ego living in that human junk heap?”
—W. Scott Darling. Erle C. Kenton. Dr. Frankenstein (Sir Cedric Hardwicke)
“Unfortunately, we cannot rely solely on employers seeing that it is in their self-interest to change the workplace. Since the benefits of family-friendly policies are long-term, they may not be immediately visible or quantifiable; companies tend to look for success in the bottom line. On a deeper level, we are asking those in power to change the rules by which they themselves succeeded and with which they identify.”
—Anne C. Weisberg (20th century)
“Shielded, what sorts of life are stirring yet:
Legs lagged like drains, slippers soft as fungus,
The gas and grate, the old cold sour grey bed.”
—Philip Larkin (1922–1986)
“The Republican convention, an event with the intellectual content of a Guns’n’Roses lyric attended by every ofay insurance broker in America who owns a pair of white shoes.”
—P.J. (Patrick Jake)