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	<title>New answer on: What Is Company Owned Life Insurance?</title>

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		<title>By: David Racich</title>

		<link>https://www.insurancelibrary.com/life-insurance/what-is-company-owned-life-insurance</link>

		<dc:creator>David Racich</dc:creator>

		<pubDate>Mon, 08 Jul 2013 20:26:19 +0000</pubDate>

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		<description><![CDATA[Company owner life insurance (COLI) is coverage on the employees of the corporation. The death benefit proceeds can be paid to the corporation or the beneficiaries of the policy insured, generally family members. The employer must notify the employee of the intent to issue coverage and gain written consent of employee. 
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