Old-Case Study: Construction Co Executive

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Case Study: Construction Company Key-Person Protection

Original Plan:

  • Need: $10,000,000 Key-person life insurance to protect the company should something happen to their key executive / sales person
  • Original Plan: Purchase $10,000,000 of 10 year level term insurance
  • Cost: $30,375 x 10 years = $303,750

Plan Implemented:

Benefits to Corporation:

  1. Immediate balance sheet enhancement
  2. Increased yield relatively to similarly liquid corporate assets
  3. Tax-free access to yield
  4. Cost-recovery at plan maturity