Living benefits


 

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Living benefits

Life insurance benefits from which the insured can draw cash while still living, usually in the case of some high-cost illness.



Living benefits

Similar Matches

Indirect diversification benefits

Indirect diversification benefits

Diversification benefits provided by the multinational corporation that are not available to investors through their portfolio investment.


Fixed benefits

Fixed benefits

Payments to a beneficiary that are paid in fixed preset amounts and are not variable.


Benefits in kind

Benefits in kind

These are benefits, excluding salaries, given to employees which include cars and car fuel, medical insurance and gifts etc. and which are taxed as employment income.


Unfunded unapproved retirement benefits scheme

Unfunded unapproved retirement benefits scheme

An unfunded occupational pension scheme that is not designed to be approved by the Pension Schemes Office.


Fringe benefits

Fringe benefits

Benefits 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.


Further Suggestions

Social Security benefits
Incremental costs and benefits
accrued benefits
Benefits Agency


 
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