A Split-Dollar Insurance Agreement (Endorsement Method) is an arrangement between two parties (such as an employer and employee) to share the costs and benefits of a life insurance policy. The employer pays for the premiums, but the employee owns the policy and is the beneficiary. The employer and employee agree on how the premiums, death benefits, and other policy benefits will be divided between them. This arrangement is also known as "endorsement split-dollar." The two main types of endorsement split-dollar arrangements are the "economic benefit" method and the "loan" method. In the economic benefit method, the employer pays the premiums and the employee gets the policy benefits. The loan method involves the employer loaning money to the employee, who must then repay the loan with interest. Split-dollar insurance agreements can provide a number of benefits to both parties, such as tax savings, estate planning flexibility, and the ability to share the cost of life insurance. However, these arrangements can be difficult to set up and require careful consideration of the applicable tax laws.