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	<title>life-insurance-explained.com &#187; &#8220;Janitor&#8221; insurance</title>
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	<description>Life Insurance Explained - Everything About Life Insurance</description>
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		<title>Corporate Owned Life Insurance: Nothing Personal</title>
		<link>http://www.life-insurance-explained.com/whole-life-insurance/corporate-owned-life-insurance/</link>
		<comments>http://www.life-insurance-explained.com/whole-life-insurance/corporate-owned-life-insurance/#comments</comments>
		<pubDate>Tue, 15 Dec 2009 12:31:52 +0000</pubDate>
		<dc:creator>Sahil</dc:creator>
				<category><![CDATA[Whole Life]]></category>
		<category><![CDATA["Janitor" insurance]]></category>
		<category><![CDATA[COLI]]></category>
		<category><![CDATA[Corporate owned life insurance]]></category>
		<category><![CDATA[dead peasants insurance]]></category>
		<category><![CDATA[insurance]]></category>
		<category><![CDATA[life insurance]]></category>
		<category><![CDATA[whole life]]></category>

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Corporate owned life insurance (COLI) is taken out by a company for their employees; however the death benefit goes to the company instead of any relatives or family members of the insured. Many companies took advantage of such tax-free insurance policies in order to provide coverage to even those people who earned very low wages.

The [...]]]></description>
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