PrivCo Logo

Carveout

A carveout is a type of group term life insurance designed to replace employer sponsored life insurance coverage. Under a group carve-out plan, the employee retains $50,000 of ordinary group term life insurance coverage, but the rest is provided by a universal life insurance policy. The group carve-out plan replaces the current group life insurance amount over $50,000 on the people the company wishes to carve out.

Previous Term

Next Term

Carried InterestChange of Control
PrivCo Logo

Company

HomeSign inContactPricing