Protecting families or businesses against loss events such as debt repayment, taxation or key person risk is essential, as is the ability to free up capital otherwise set aside for these events.
Universal Life, Whole-of-Life, Term, and Savings or Annuity products, generally offer either a high death benefit, cash value accumulation, or both; providing clients the flexibility to protect key parts of their financial legacy. These traditional life products complement a PPLI solution, allowing for a holistic and comprehensive approach to estate planning.
The solutions we promote provide more advantages than traditional offerings, as they cover single and joint life, as well as coverage in various currencies, including USD, EUR, GBP & CHF.
Business key-person protection
Multi-generational wealth accumulation
Most High Net Worth life insurers allow for up to a maximum of 35 times the client’s annual income in sum assured. Should anything happen to the client, his or her future income is protected in the form of the life insurance benefit.
If a client has multiple children but only one decides to join the family business, what about the inheritance of the other children? A high death benefit product can help to address this while still allowing for the family business to be passed on to the one child.
Should the unexpected happen to the key-person of a business, it is safe to assume that the business will experience an interruption, and possibly a loss of revenue. By insuring the key-person, the business can ensure that there is ample financial support during the transition perio
By having a buy-sell agreement in place using a traditional life insurance policy, business owners can eliminate the risk of having their business partners’ stake in the company transferred to their spouse should something happen to them.
Various insurers offer savings plans that allow for unlimited changes of the insured person. An individual can purchase a savings plan, and transfer it to his descendant, who can make cash withdrawals for their own needs, before eventually transferring it to their own children