split-dollar insurance

[ split-dol-er ]

/ ˈsplɪtˈdɒl ər /

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noun

life insurance in which someone helps pay the premiums for another, as when an employer contributes to the premiums of an employee's policy.

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Words nearby split-dollar insurance

His life as a man is built around health insurance and tax services.
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Neither could her three-week, multi-thousand dollar stay, which was supposed to be a recovery period.
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