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Senior Retiree Life Insurance  Broken promises! That’s what many people are trying to avoid as they
struggle to provide full death benefits for their employees and retirees. Benefits that
were promised years ago. Chances are your company made a similar sacred promise. Welcome to a world where people live longer, work forces are shrinking, and fiduciary/legal requirements are more onerous. Where the growing imbalance between the number of active employees and the number of retirees jeopardizes the financial security of public and private entities and labor organizations. Senior Retiree Life Insurance Programs are designed to remove the FASB 106 liability from the organization’s books while also covering the benefits promised to current and future retirees. This program is designed to keep cost at a reasonable and predictable level. Senior Retiree Life Insurance Programs solve the problems public corporations face in trying to provide death benefits to present and future retirees while remaining financially sound. Here’s how:
Transferring the financial risk of providing death benefits from your corporation to an insurance company is the right thing to do.
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