Private Placement Life Insurance and Annuities
Our goal is to help advisors and their clients help increase their estate and charitable planning through the analysis, design, implementation and ongoing management of private placement insurance products.
Private placement insurance products offer accredited investors* access to both investment alternatives and customized product designs that are often difficult or impossible to obtain in traditional or registered products. They provide a broad range of non-correlated asset choices as well as similar registered investment options when compared to traditional registered variable products. Private placement products provide flexibility in both policy charges and structure. They are frequently used as a tool to address a multitude of financial, charitable, estate and income tax planning objectives.
* An accredited investor is either an individual with gross income exceeding $200,000 in each of the two most recent years or joint income with a spouse or partner exceeding $300,000 for those years and a reasonable expectation of the same income level in the current year.
The Benefits of Private Placement Insurance:
- Private placement Insurance allows clients to reduce or eliminate taxes on alternative investments and increase the after-tax benefit.
- Private placement annuities defer taxes on alternative investments, while enhancing estate and charitable planning.
- We can help you increase estate planning and charitable goals through the use of Private Placement Products
Private Placement Life Insurance is an unregistered securities product and is not subject to the same regulatory requirements as registered variable products. As such, Private Placement Life Insurance (or Annuities) should only be presented to accredited investors or qualified purchasers as described by the Securities Act of 1933.