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Term of the Day
split dollar
split coupon bond
split fee financing
Definition
Premiums on
life insurance
are
split
between an
employee
and the employer. Any
monetary
gains received from the
policy
will also be split between the
beneficiary
listed
on the policy and the employer.
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split coupon bon...
split dollar
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Popular 'Insurance' Terms
escrow
annuity
OASDI
risk
comprehensive insurance
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contingent beneficiary
coinsurance
insurance policy
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