- Turnkey design, implementation and administrative services
- Typically, there are lower administrative and overhead expenses than similar purchased policies outside of a company-sponsored executive plan
- Any contributions to the policy by the company/plan sponsor will be fully tax-deductible
- Policies are fully-owned by employees, thus freeing the company of related liabilities
- Contributions to the plans come from payroll deductions, thus making the plans easy to use
- Not subject to 409A or 457(f) regulations
- Contributions to the life insurance policy will grow without tax and could ultimately be withdrawn tax-free
- Contributions are not subject to the limitations of qualified plans
- Since the policy is owned by the employee, there is no employer insolvency risk to plan participants
- A diverse menu of investment options can be offered, including sophisticated asset allocation tools and participant investment consulting
- Access to extensive insurance company support services after retirement or termination
