Split-Dollar Plan

An arrangement — usually between an employer and employee — to share the costs and benefits of a life policy. A common executive-benefit and business-planning tool.

This is a friendly general explanation, not legal or policy language. Exact coverage depends on your policy, carrier, and state. 🤝

Written and reviewed by the We Insure Things team — licensed independent insurance agents. Last reviewed July 23, 2026. Questions? Ask a licensed agent.