Episode #191: Using Life Insurance as an Executive-Retention Strategy By Laurence Williams | April 26, 2021 Life Insurance, Money Script Monday Share this post Share Tweet Share with a client Share with a colleague Job benefits such as a 401k retirement plan or medical, dental, and vision coverage have become commodities in the job market. For many business owners, having a variety of tax-efficient compensation plans has been critical in retaining employees who are essential to the operation of a successful business. What if employers could offer candidates cash bonuses and life insurance coverage, through a policy paid for with tax-deductible premiums? In this episode of Money Script Monday, Laurence illustrates how companies can create a win-win scenario with an indexed universal life policy and an Executive Bonus 162 Plan to attract, attain, and retain top executives. Resources Provided for This Episode Video Transcription Whiteboard Image Want consumer-friendly videos sent to your inbox every week? Sign up to receive to receive LifePro's weekly Money Script Monday video series providing financial clarity, dispelling myths, and showing you how money works in 10 minutes (or less). Subscribe now! Have any questions? Give us a call at 888-LIFEPRO or email us at firstname.lastname@example.org. Want to learn more about how we can help with your unique financial situation? Fill in your contact information below, and we'll get started right away! About Laurence WilliamsLaurence Williams is a Field Support Representative at LifePro. He coaches hundreds of financial professionals on how to build effective financial strategies that achieve their clients' long term goals and helps them stay educated on the latest industry trends.