Most people think of life insurance as something you buy to protect your family, but in the corporate world, it serves an entirely different purpose. Corporate-owned life insurance, or COLI, is a ...

With mutual insurance companies, policyholders are owners and share in the company’s profits via dividends ...

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On June 6, 2024, the Supreme Court held 9-to-0 in Connelly v. United States that company-owned life insurance increases the company’s fair market value for estate tax purposes, and the company’s ...