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Living benefits |
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Living benefitsLife insurance benefits from which the insured can draw cash while still living, usually in the case of some high-cost illness.Living benefits Similar MatchesFringe benefitsFringe benefitsBenefits to employees additional to salary. Typical examples would be company cars, expense accounts and private medical insurance which in the USA are not normally taxable. However they would be liable for tax in the UK. Accrued benefitsAccrued benefitsBenefits earned by an employee in respect of his/her pension based on years of service with his/her employer. Unfunded unapproved retirement benefits schemeUnfunded unapproved retirement benefits schemeAn unfunded occupational pension scheme that is not designed to be approved by the Pension Schemes Office. Fixed benefitsFixed benefitsPayments to a beneficiary that are paid in fixed preset amounts and are not variable. Incremental costs and benefitsIncremental costs and benefitsCosts and benefits that would occur if a particular course of action is taken, compared to those that would have obtained if that course of action had not been taken. Further SuggestionsSocial Security benefitsbenefits in kind Benefits Agency Indirect diversification benefits |
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