Split Dollar Insurance Law and Legal Definition
Split dollar insurance is a type of insurance in which the insurer divides the premium dollar between life insurance protection and investment for the benefit of the insured. In a split dollar arrangement, an employer and an executive agree to split both the cost and benefits of a permanent life insurance policy.
Legal Definition list
Related Legal Terms
- Accelerated Life Insurance Benefits
- Accident Insurance
- Accidental Death and Dismemberment [Insurance]
- Accommodation Line [Insurance]
- Accountants Professional Liability Insurance
- Accounts Receivable Insurance
- Actual Cash Value Insurance
- Actual Delivery of Insurance Policy
- Actuarial Documents [Federal Crop Insurance Corporation]
- Actuarially Appropriate [Federal Crop Insurance Corporation]
