Is your family's future protected should something happen to you or your business?
Survivor income solutions from the Principal Financial Group® can help provide peace of mind for you knowing your family can achieve financial objectives such as paying for college or paying off a mortgage should something happen to you.
- Executive bonus (funded with life insurance) - A plan that provides the spouses of select employees or owners with a tax-free death benefit. It may also provide a current tax deduction for the business.
- Endorsement split dollar - A plan that provides valuable key person death benefits to a business and personal death benefit protection to a key employee's family. Life insurance policy premium payments and benefits are divided between two parties — usually a business and an employee, but sometimes two individuals or an individual and a trust.