Bank Owned Life Insurance: A Critical Examination of Banking Strategy

This paper is an investigation of a rampant insurance practice in the US banking sector, namely the permitted practice of employer-paid insurance policy. Under this policy, employee’s life policy paid for by the employer, pays large sums as policy benefits to the employer not to the employee’s f...

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Bibliographic Details
Main Authors: Leyuan You, Krishnan Dandapani
Format: Article
Language:English
Published: Universiti Utara Malaysia 2012-09-01
Series:The International Journal of Banking and Finance
Subjects:
Online Access:https://www.e-journal.uum.edu.my/index.php/ijbf/article/view/8456