Author
As an actuary who helped to price and analyze policies for a large life insurance carrier, I quickly saw how policy owners end up getting the worst end of the deal. While agents can earn 80% to 100% of the first year premium that policy owners pay for a permanent life insurance policy, nearly 50% of these policies are cancelled within the first 10 years. As a result, policy owners can pay tens of thousands of dollars for these policies and get almost nothing back when they cancel it. Such a system is designed to help benefit life insurance companies and their agents but not the actual policy owner.
The purpose of this blog is to educate policy owners on better strategies to employ when purchasing or reviewing their life insurance policies. This blog will also cover various analytics to take into consideration when doing a life insurance policy review. By making better informed decisions, policy owners will be able to utilize their policies in a way that better meets their needs and not the life insurance agent’s or life insurance company’s sales goals. In this blog we’ll be covering numerous topics in the life insurance and life settlement industries alike that will help investors and policy owners alike make better decisions. If you have any topics you’d like to see explained in more detail, feel free to contact us at [email protected].
Don’t forget to subscribe to the blog to get updates whenever a new post is added!
Author
Discover why ultra-high-net-worth families are turning to private placement life insurance (PPLI) for wealth preservation. Learn how PPLI offers tax-deferred growth, asset protection, investment flexibility, and estate planning benefits that help wealthy individuals protect and transfer assets across generations while maintaining privacy and control.
Private placement life insurance policies offer valuable flexibility, but knowing when and how to modify your PPLI coverage is essential for success. From investment rebalancing to premium adjustments, beneficiary updates to ownership changes, understanding your modification options helps you maintain tax advantages while adapting to life’s changes and financial goals.
Understanding and managing the cost of insurance in private placement life insurance (PPLI) policies is essential for maximizing long-term value and policy performance. This comprehensive guide explores current PPLI cost trends, practical strategies for reducing policy expenses, and proven approaches to optimize your insurance charges. Learn how policy design, investment performance, and proactive management can help high-net-worth individuals control costs while preserving the significant tax and wealth planning benefits that PPLI provides.
0 Comments