split-dollar insurance

[ split-dol-er ]
/ ˈsplɪtˈdɒl ər /

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

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020