American Benefit Corporation
COLI - Corporate Owned Life Insurance American Benefit Corporation specializes in developing strategic solutions to executive benefit needs.
At American Benefit Corporation, we design, fund and manage executive non-qualified benefit plans for highly compensated corporate executives who wish to reduce current income taxes and form personal capital on a tax efficient basis. Established more than 30 years ago, we serve the unique needs of executives in numerous corporations with their personal capital formation objectives.
American Benefit Corporation News Room
American Benefit Corporation and its representatives are presently licensed to operate in particular states of jurisdiction and may operate only where licensed and, with regard to any particular product, where that product has been approved. American Benefit Corporation and/or James W. Herlihy are currently licensed to market insurance and investment products in Arizona, Connecticut, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, and Vermont.
The insurance and/or investment product information on this site is not intended for distribution or use in any states or jurisdictions where our company, its products, or representatives are not so licensed or approved.
Securities offered through M Holdings Securities, Inc. A Registered Broker/Dealer, member FINRA/SIPC. American Benefit Corporation is independently owned and operated.
American Benefit Corporation is a member of M Financial Group. Please go to www.mfin.com/DisclosureStatement for further details regarding this relationship.
Featured Case Study
Reduce Turnover With Corporate Match
A large east coast grocery store chain employed pharmacists in each of their stores. They were experiencing 40% turnover each year within this group and wanted a benefit plan that would increase their retention.
Press Releases
December 2011October 2011
August 2011
July 2011
June 2011
Apr 2011
Feb 2011
Jan 2011
Dec 2010
Nov 2010
October 2010
September 2010
August 2010
July 2010
What Is COLI?
COLI is Corporate Owned Life Insurance on a group of key employees. The corporation pays the premiums, owns the cash value of the policies, and is the designated beneficiary. Each participant employee must consent to the corporation owning an insurance policy on his or her life and must be notified about the maximum amount of coverage and the beneficiary designation.
COLI has proven to be a cost efficient means for companies to offset rising employee benefit costs, such as supplemental executive retirement plans, deferred compensation programs, and post-retirement medical obligations, all of which constitute a major expense for most corporations.
COLI offers the following benefits to employers:
- - COLI can be used as a source of funds to help support deferred compensation and other post-retirement programs.
- - Policy earnings may come from growth in the account value each year and from income tax-free insurance proceeds when an employee dies.
- - Policy earnings are tax-deferred.
Please see COLI - Good for America
Securities offered through M Holdings Securities, Inc., a Registered Broker/Dealer, Member FINRA/SIPC. American Benefit Corporation is independently owned and operated.