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COLI
(redirected from Corporate-owned life insurance)

   Also found in: Wikipedia 0.01 sec.
AcronymDefinition
COLICorporate-Owned Life Insurance
COLICost of Living Index
COLIChina Overseas Land & Investment (real estate)
COLIChemometrics On-line Initiative


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? References in periodicals archive
Senate Finance Committee has approved legislation saving key tax benefits for companies that buy corporate-owned life insurance policies on their employees.
To avoid these problems and meet nonqualified benefit obligations in a more predictable and manageable manner, many companies are turning to corporate-owned life insurance (COLI), particularly variable life policies, which can mirror mutual funds.
However, there is a question as to whether this exclusion is applicable if the beneficiaries of the corporate-owned life insurance policy are the insured's family or estate.
 
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