Funding For Corporate Liability
Potential corporate liabilities are often uncovered as a company continues to grow and change. Liabilities such as the obligation to provide post-retirement medical or death benefits to employees or dependents and to repurchase shares owned by ESOP participants can be staggering. The retirement or death of a principal or key executive can present other unique problems.
Financial Concepts designs and implements plans that provide the cash flow required to meet these obligations at the time it is needed most.
Bank Owned Life Insurance (BOLI)
Banks can now use the tax-deferred advantages of insurance to move some of its assets into Bank Owned Life Insurance (BOLI)* products to cost effectively recover the costs of employee benefit plans.
