ADDRESSING THE MOST DIFFICULT RISK OF THEM ALL
Life insurance can be construed as an another asset on a balance sheet – one that is not subject to the vicissitudes of stock market fortunes.

KEY TAKEAWAYS:
-Facing one’s mortality is easily pushed to one side, yet there may be comfort in addressing head one, so your family don’t need to.

– Well structured insurance contracts can be an important asset in a family balance sheet – providing certainty at the most ‘untimely’ of times.

– Transferring mortgage risk to a large, familiar insurance company can pay substantial dividends.

RELEVANT TO: UK AND INTERNATIONAL HNW’S, UHNW’S, PROFESSIONS
We’re all guilty of feeling invincible at times. Those who have achieved significant personal wealth, are likely to have regularly considered risk, and sought to mitigate it in a given professional context. Just as likely within their own investing affairs, they will have sought to diversify away financial risks, through long term strategic asset allocations. Where the horizons are long enough, the risk of losing money can be dramatically reduced.

However, one risk which is a little more of stubborn stain, is that of mortality risk. A risk that is difficult to mitigate or diversify away, it can be comprehensively addressed through insurance. In fact, when structured appropriately, it can even be seen as an asset, which can sit alongside other investment strategies and offer the ability to optimise one’s personal balance sheet. In fact, it can be a crucial component of becoming ‘wealth resilient’.

HEADING
Buying life assurance can score a wonderful outcome for one’s family, in that it de facto removes the risk of mortality and places the burden on another party – namely the insurance company. As an investment, it does not suffer from the same fluctuations as market based instruments do – in fact death benefits are paid in cash, known in advance, require little ongoing management and depending on the jurisdiction, can offer very favourable tax benefits too.

TESTIMONIAL

“By addressing mortality risk head on, an individual with significant personal or business assets, can remove the worry from those around them, and a financially secure long-lived institution can bear the risk on their behalf.”

 

TAILORED FOR YOUR TREASURED ONES
There are different life insurance policy options, all tailored to suit a certain individual’s needs. Universal life plans and indexed universal life policies often lean on external financing, given high death benefits and premiums, and yet private placement life insurance (PPLI), builds cross generational planning opportunities from an existing portfolio, wrapping insurance around assets to allow for successional and tax planning opportunities.

Entrepreneurs and successful professionals are often cast as risk takers – we believe the reality is nearer that those who have scaled certain heights are highly adept at risk mitigating given opportunities. Life insurance can often be an overlooked opportunity to not just mitigate, but transfer entirely mortality risk from those who you would least like to bear It, to those who will compensate you for it.

HOW CAN WE HELP?
Coping with bereavement is never easy, yet if it can be made slightly less difficult at all then it should be taken into account. Our services provide access to some of the most prestigious insurance counterparties globally, meaning highly customised policies can be designed to bring a degree of comfort at a time of uncertainty.