Corporate Life Insurance Officers

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Corporate Officers - National Guardian Life Insurance Company

https://nglic.com/Who-We-Are/Corporate-Officers

Knut A. Olson is President & CEO of National Guardian Life Insurance Company and is a member of the Board of Trustees. Olson joined NGL in 2019 with nearly 30 years of insurance experience, beginning as an insurance agent and advancing to various leadership roles managing life insurance, annuities, investment products and insurance operations.

Are Officer Life Insurance Premiums Deductible? Boyum ...

https://myboyum.com/business-tax/officer-life-insurance/

Jan 01, 2018 · Many companies have life insurance on key employees and officers. Kind of grim subject, but obviously if the key officers or shareholders get hit by a bus and dies, the company is going to have some rough times. The life insurance proceeds can certainly help.

Allianz Executive Leadership Allianz Life

https://www.allianzlife.com/about/executives

Chief Diversity and Inclusion Officer, Allianz Life Insurance Company of North America. Eric Thomes Chief Distribution Officer, Allianz Life Insurance Company of North America. Products Annuities Life Insurance About About Us Financial Ratings Newsroom Executives Careers ...

Company-Owned Life Insurance - Journal of Accountancy

https://www.journalofaccountancy.com/issues/2000/jan/companyownedlifeinsurance.html

In general, a business cannot deduct premiums paid on a life insurance policy (even though they are otherwise deductible as a trade or business expense) if the company is directly or indirectly a beneficiary under the policy and the policy covers the life of a company officer or employee or any person (including the company) with a financial interest in the business.

Corporate Officers - Universal Fidelity Life Insurance Company

https://www.uflic.com/index.php/our-company/corporate-officers/

Mr. Haggard is Chief Executive Officer of Universal Fidelity Life Insurance Company (UFLIC), and serves on its Board of Directors as its Chairman. Prior to his employment with UFLIC , he was a merger and acquisition consultant with Ernst and Young CPA, and chief financial officer for companies in the telecommunications and laser systems industries.

Leadership - LifeCare Assurance

https://www.lifecareassurance.com/leadership.html

James "Jim" Glickman is president and chief executive officer for LifeCare Assurance, and is chairman of the board for both LifeCare and its parent company, 21st Century Life and Health Company, Inc. ... Prior to that, Peters was vice president and associate actuary at John Alden Life Insurance Company, where he managed product development ...

1120S - Officer Life Insurance (M1, M2)

https://kb.drakesoftware.com/Site/Browse/11106/1120S-Officer-Life-Insurance

Where do I enter life insurance premiums for officers? Officer life insurance premiums are handled in one of two ways for an 1120S. If the corporation is not the owner of the policy nor a beneficiary, then the premiums paid are included in other deductions for line 19. Amounts for other deductions are entered on the DED screen in the software.

S Corporation Employees, Shareholders and Corporate Officers

https://www.irs.gov/businesses/small-businesses-self-employed/s-corporation-employees-shareholders-and-corporate-officers

The definition of an employee for FICA (Federal Insurance Contributions Act), FUTA (Federal Unemployment Tax Act) and federal income tax withholding under the Internal Revenue Code include corporate officers. When corporate officers perform a service for the corporation and receive or are entitled to payments, those payments are considered wages.

Everything You Should Know About Corporate-Owned Life ...

https://www.investopedia.com/articles/insurance/12/corporate-owned-life-insurance.asp

Jan 08, 2021 · Corporate ownership of life insurance, corporate-owned life insurance, and dead peasant insurance refer to insurance obtained by a company on employees. more. Term Life Insurance.

Directors and Officers Liability Insurance: Overview

https://www.investopedia.com/terms/d/directors-and-officers-liability-insurance.asp

Nov 07, 2019 · Directors and officers (D&O) liability insurance is insurance coverage intended to protect individuals from personal losses if they are sued as a result of serving …

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