Private equity
Life insurance companies provide a variety of traditional policy types, each with its own unique features: Term, Guaranteed Universal Life (GUL), Whole Life (WL), Universal Life (UL), Index Universal Life (IUL), Guaranteed Variable Universal Life (GVUL), and Variable Universal Life (VUL). We assist our clients in assessing the financial implications and appropriateness of these policies for specific financial and estate planning needs.
Venture capital
Key man life insurance is a vital safeguard for businesses, providing financial protection against the loss of a key executive or employee whose skills, knowledge, and contributions are critical to the company's success. This type of insurance compensates the business with a death benefit if the insured key person passes away, allowing the company to manage the financial impact, cover operational disruptions, and fund the search for a suitable replacement. By securing key man life insurance, businesses can ensure continuity and stability during challenging times, preserving their financial health and long-term viability.
Hedge funds
Corporate-owned life insurance (COLI) is a strategic financial tool that businesses use to protect against the financial loss associated with the death of key employees or executives. This type of insurance policy is owned by the corporation, which also pays the premiums and is the beneficiary of the death benefit. The death benefit received can be used for various purposes, including offsetting the cost of hiring and training new personnel, covering lost revenue, and ensuring the smooth continuation of business operations. COLI can also serve as a source of funding for employee benefit programs and executive compensation plans, providing a versatile financial asset for the corporation.
Disability insurance provides crucial financial protection by replacing a portion of your income if you become unable to work due to an illness or injury. This type of insurance ensures that you can maintain your standard of living, cover essential expenses, and support your family's needs even when you are unable to earn a paycheck. Long-term care insurance is designed to cover the costs associated with extended care services, whether at home, in a nursing home, or an assisted living facility. This type of insurance helps protect your savings and assets while ensuring you receive the necessary care and support as you age.
Annuities are financial products designed to provide a steady stream of income, typically used as part of a retirement strategy. Annuities offer a reliable source of income that can last for a specific period or for the lifetime of the annuitant, making them an attractive option for those seeking financial security and stability in retirement.
Private Placement Life Insurance (PPLI) and Private Placement Variable Annuity (PPVA) are wealth planning tools used by family offices and high-net-worth individuals to invest in a tax efficient manner and transfer wealth to future generations more effectively. PPLI and PPVA are institutionally-priced variable life insurance and annuity contracts that allow clients to invest on a long-term, income tax deferred and/or tax-eliminated basis. These structures can function as a tax-efficient “asset location” for clients who otherwise invest in tax-inefficient asset classes and strategies.