A significant advantage of a split$-$ dollar plan using survivorship life instead of a single$-$life

policy is that:

very low joint and survivor rates are used to measure the pure insurance cost of survivorship life

while both insureds are alive, instead of the higher single$-$life rates.

a survivorship life policy offers a split option that permits policy ownership to be split more easily

between the business and the employee.

recent tax regulations provide several safe harbor methods for determining mortality charges on

split dollar policies.

the Internal Rate of Return is higher for a survivorship life policy than for a single$-$life policy.