Group Cases

BANK-FUNDED LIFE INSURANCE

A Fresh Approach to Employee Benefits

Employee benefits play an important role in the lives of employees as well as their families. For that reason, the benefits you offer can be a deciding factor for a potential employee’s decision to work in your business. Yet, knowing where to start compiling a comprehensive benefits program for your business can be overwhelming.

With this in mind,the Asset-Backed Employee Benefits Strategy (ABEB) maximizes employee retention while increasing productivity and minimizing expenses to the corporation. The ABEB strategy is unique – it deploys a leveraged strategy with the most reputable insurance carriers to provide employees three important benefits:

  • • Living benefits (disability and chronic illness)
  • • Retirement benefits
  • • Life insurance benefits (for employee and corporationpursuant to a vesting schedule)

The Power of the ABEB Strategy

For these three main benefits, the cost to the corporation is minimal. The ABEB strategy is a comprehensive plan, ACAs partnership with some of the largest institutional lenders in the world allows the corporation to borrow funds to pay for these employee benefits.

For corporations that qualify, the ABEB Strategy can be in place to finance what would otherwise be an out-of pocket expense to the corporation, thereby freeing up capital while providing an increased suite of employee benefits. Our turn-key strategy offers employee benefits housed within a financed life insurance chassis, providing protection for the employee as well as the corporation.

The vesting schedule deployed in each of our strategies encourages employee retention and productivity while still minimizing out of pocket costs to the corporation.