Why is corporate life insurance attractive for employers?
Long-term life insurance contracts are most often used by employers to build their personnel policy using the “golden handcuffs” effect, when a person must work for a certain number of years at the enterprise.
Even if the insurance is 10% of the payroll, after three years of work, a very powerful fixing element appears. During this period, about 30% of the employee’s annual income is accumulated. But very rarely the employer uses this mechanism directly for accumulation.
