Method of computerized administration of a life insurance plan using computerized administration supervisory system

摘要

A system and method which links a premium paying corporate life insurance plan with a voluntary employee group life plan. The system and process manage a split of premiums of a single life insurance policy between an employer and an employee in such a way as to provide an employee with a designated death benefit but also to allow the employer to invest funds in the cash value of the single life insurance contract to fund the group life benefit.