Solutions for Businesses

Oswald advises businesses on how to enhance the livelihoods of their most valued employees and sustain the long-term corporate vision, even as challenges arise. 

Learn more about our specialized areas below: 

• Executive Benefits
• Corporate Owned Life Insurance
• Business Succession Planning

Corporate-Owned Life Insurance 

Corporate-owned life insurance is a policy that the business owner takes out on the life of one or more employees, with the business owner serving as the policy holder and beneficiary. Your employee typically has no interest in the policy besides being a named insured. 

Corporate-owned life insurance can benefit employers who want an informal way to fund non-qualified deferred compensation plans and other employee benefits. This enables the business owner to borrow against the cash value that accumulates under the policy to pay premium or plan benefits. When designed properly, the cash value can be tax-free. 

Corporate-owned life insurance can also be used to: 

• Provide key employees with a pre-retirement death benefit 
• Fund a key-person life insurance program 
• Provide a savings vehicle for cash reserves and retained earnings 

Contact an advisor to determine if corporate-owned life insurance is right for your business.