Support Insurance Systems Agency, Inc.
Credit Union Executive Benefits Guiding Principals
Company Info  
  
Welcome  
Corporate Information  
Corporate Philosophy  
Corporate Initiatives  
   
Collateral 
Protection Service  
  
The Support Difference  
Questions You Must Ask  
Partners In Performance Case Study  
Typical Experiences with Support  
   
Credit Union  
Executive Benefits  
  
Credit Union Executive Benefits  
Executive Benefits Guiding Principals  
   
Contact Us  
  
Request Information  
email us  
  
  























 
Credit Union Executive Benefits
Nonqualified, Defined Contribution Plan
 
Guiding Principals for Credit Union Executive Benefit Plan
 

Michael P. Daly, MSFS, ChFC, CLU, FLMI, CFP
New York Life
&
Support Insurance Systems

  1. The plan will be easy to understand for all involved.
  2. The plan will have zero impact on the credit union’s earnings.
  3. All credit union funding will be fully recovered when benefits
    are paid to the executive.
  4. All credit union money involved will have a guarantee of principal.
  5. The benefit to the executive should not be a promise, but rather be based
    on any gain, resulting in zero risk to the credit union.
  6. The projected benefit for the executive will be based on conservative
    assumptions, and therefore, have a high probability of materializing.
  7. The plan will be simple and inexpensive to administer.
 

 

Company Info: Welcome! : The Support Difference : Coporate Profile
Collateral Protection Service: Questions : Partners In Performance : Typical Experiences
Credit Union Executive Benefits: CU Executive Benefits : Guiding Principals
Contact Us: Request Information : email: sales@supportins.com

830 East Franklin Street, Centerville, Ohio 45459 • 800.444.5465 • sales@supportins.com
Copyright © 2005 Support Insurance Systems Agency, Inc. All rights reserved