What Is Company Owned Life Insurance?
0 POINTSContact Meview profileDavid RacichPROFountain Hills, ArizonaCompany owner life insurance (COLI) is coverage on the employees of the corporation. The death benefit proceeds can be paid to the corporation or the beneficiaries of the policy insured, generally family members. The employer must notify the employee of the intent to issue coverage and gain written consent of employee.Answered on July 8, 2013+01+1 this answer
0flag this answerview more answers by David Racich
Did you find these answers helpful?
Yes
No
Go!
Add Your Answer To This Question
You must be logged in to add your answer.
.JPG){kind=avatar}
