Life Insurance for Nevada Executives & C-Suite Leaders

Executive life insurance often involves higher face amounts ($5M-$50M+), more sophisticated underwriting (financial and medical), and integration with executive compensation packages. Strategies like split-dollar and executive bonus plans add employer funding while providing personal benefits.

Split-dollar is an arrangement where your employer pays part or all of your life insurance premiums. There are different structures—economic benefit or loan regime—each with distinct tax implications. It's a powerful executive benefit but creates complexity you should understand.

No. Company-provided coverage disappears when you leave, retire, or are terminated. Even with substantial executive benefits, you need personal coverage that follows you regardless of employment status. This is especially critical given executive career mobility.

Include vested equity value when calculating coverage needs. For unvested options or RSUs, consider whether your estate could exercise them and at what cost. Some executives buy enough coverage to pay estate taxes on appreciated equity without forcing a fire sale.

Your employer pays a "bonus" equal to your life insurance premium, which you use to buy personal coverage. The company deducts the bonus as compensation; you pay income tax on it but own the policy personally. It's portable coverage funded by your employer.