Are you looking for the correct answer to the question “XYZ Corp gives money to an employee to purchase a life insurance policy and allows the employee to select the beneficiary. What kind of plan is this?”? If that’s the case, you don’t have to worry anymore. Azanswer team is here with the right answer to your question. Please check below to know the answer.
XYZ Corp gives money to an employee to purchase a life insurance policy and allows the employee to select the beneficiary. What kind of plan is this?
Split-dollar
Cross puchase
Key employee
Deferred compensation
Answer: Split-dollar
The above question XYZ Corp gives money to an employee to purchase a life insurance policy and allows the employee to select the beneficiary. What kind of plan is this?, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.
