Most executives assume they are adequately covered with their Group Long Term Disability Plan (GLTD). Few understand, however, that GLTD generally only covers cash compensation and even with that there are substantial limitations on the amount of coverage provided. Bob Birdsell shares an effective approach to address this risk.
In this, first of 3 articles, we present a high-level overview of how an executive can effectively transfer the risk and consequences of a premature death. Bob Birdsell discusses how an executive will be able to proceed with a plan to migrate risk or take a pass on electing to insure his or her life.
PART 2: A new article from Bob Birdsell, the second in a series of two, on company sponsored executive death benefits.
Submitted by Bruce Brownell, Fulcrum Partners, LLC https://www.fulcrumpartnersllc.com/ RISKS AND REWARDS Well-balanced risk and rewards are one of the cornerstones of an effective compensation program. Over the past two decades, companies typically have used stock-based incentives as the primary means to motivate and retain valued executives.
Grahall has defined 25 general industry categories, and 8 distinct industry phases. We predict that the speed at which industries move through these 8 phases will increase. In the past, it might take decades for an industry to move from startup to growth to mature. However, with increasingly free information flow via the internet and...
Insight into Retirement and Actuarial...
