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| Business Planning • Executive Bonus Plans |
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Your key employees are an important reason that your business is profitable. An executive bonus plan is a method of compensating selected key employees by paying the premiums of a life insurance policy on the employee's life.
Benefits to the employer: |
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Can reward key executives |
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Selective participation is allowed (no discrimination rules) |
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Costs are tax-deductible |
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Creation of plan is simple |
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No administration |
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Amounts of coverage on various employees can differ |
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Plan can be terminated without IRS approval or restrictions |
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A restrictive endorsement can be implemented to limit |
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immediate access to cash values |
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MaximGroup will help you reward your key employees for creating profits for your business. Let them know they are an asset to your business. |
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| MaximGroup is an affiliate of MaximInsurance services. |
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MaximGroup
2401-B Termini
P.O. Box 308
Dickinson, Texas 77539
281.337.2516 phone
281.337.2078 fax |
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