Corporate-Owned Life Insurance

Executive benefit programs can enhance the long-term success of a business; however, the resulting obligations can create an undue burden if insufficiently funded. Winged Keel specializes in tax-efficient strategies that can help offset benefit plan expenses, mitigate earnings volatility, and optimize investment returns.

 

Corporate-owned life insurance (COLI) is utilized by companies to fund compensation and benefit plans for their most valued employees in an optimized structure. COLI is particularly effective in financing nonqualified benefit programs, which can present cash flow challenges without proper planning.

Our clients generally use COLI to achieve one or more of the following objectives:

Provide liquidity for a range of nonqualified benefit programs
 
Drive motivation and retention for key executives
 
Hedge against future benefit program obligations
 
Generate tax-efficient revenue that can be used to offset existing expenses