Which One of the Following Is Not a Feature of Corporate

question 60

Multiple Choice

Which one of the following is not a feature of corporate owned life insurance? (Corporate-Owned Life Insurance)

• A)Employers use it to recover cost of qualified plans
• B)Designated amount paid to designated beneficiaries of deceased
• C)The goal is to purchase policies that match the amount of deferred compensation promised to executives
• D)Using it does not create a funded plan