waid10 Posted July 12, 2004 Posted July 12, 2004 I have a nonprofit client that permits non-compensated directors on its Board to purchase up to $50K of life insurance through its group plan. Is this permissible? I thought that only "employees" could do this. Does anyone know what statute applies to benefits for non-compensated directors on the board? Are there are good articles on benefits for non-profit directors? Thanks for any help you can provide.
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