Capabilities

Our services range beyond the ordinary. In our 20+ years working with advisors, we’ve learned what helps build business.

Brokerage
Services

A life insurance brokerage general agent for 34 of the most prestigious life insurance companies in the world, our goal is to provide the most efficient purchase of life insurance for agents and clients.

OUR STRATEGY

Investing in the most sophisticated and professional customers
Providing medical underwriting expertise that matches the consumer risk profile with the insurance company need
Designing concise product and strategy solutions on a 1 page, client friendly presentation
Staying aware of emerging legislative and insurance company trends
Building senior management relationships with insurance carrier partners

OFFICE SUPPORT

Agent Licensing
Product and Carrier Selection
Advanced Planning Case Strategy
Client Ready Presentations
Purchasing, Reading, Interpreting, of Attending Physician Statements
Case Management, Gathering of Requirements, Interfacing with Carrier
Placement of Policies
Servicing of Policies to Include Automated CRM Policy Review at Anniversary
Commissions Reconciliation and Payment to Agent

Accolades

Sales Idea Lab Championships

Regional
(2) John Hancock
Met Life/Brighthouse
Symetra
Protective
Lincoln Financial
Global Atlantic
Prudential (BGA Symposium)

National
(1) Top Year-Over-Year Core Carrier Life Sales Growth
(1) Runner Up Year-Over-Year Core Carrier ABLTC Sales Growth
(3) Advantage Insurance Network 1st Place
(3) Advantage Insurance Network 2nd Place

Life insurance products are confusing, complex, and often misunderstood. It is an initiative at LIFE Brokerage to educate our advisors so they may provide clarity to their clients. We often uncover that the most efficient policy a consumer can obtain is the one they currently own…it simply needs to be optimized. We stress-test existing policies and research the current market to determine if existing coverage should be maintained, complemented, or replaced.

Pricing Adjustments Due To Interest Rates

WHY WE’RE DIFFERENT

Graded/Non Level Premium Designs

Create double digit tax-free IRR to the family by designing non-level funding strategies combined with option C death benefit. Sophisticated investors get to reinvest cost savings in their asset of choice AND own permanent life insurance as an asset class.

Permanent Policy Review

Analyze policy performance, product features, assess cost of insurance charges, review over loan protection rider, identify chronic/long-term care riders.

Insurance Policy Optimization

“Optimize” exiting policies for efficiency in premium/death benefit ratio. Unlock the hidden values invisible to the naked eye.

Select a Term

Helps improve pricing on term policies with remaining duration 15-30 years. Ability to issue level term periods in 1 year increments to coincide with planning needs or existing policy duration. Promotes cost savings and carrier diversification.

Policy Loan Rescue

Transfer via 1035 exchange, implement an exit/buy-down of existing loan, introduce more favorable loan terms. Identify offsetting policies, term blending or interest/dividend dependent contracts held in a decreasing interest rate/dividend rate environment with increased policy loan rates.

Split Funded Plans

Bifurcate cash value and death benefit for optimal performance by removing unnecessary drag via policy charges to maximize both death benefit and cash
value IRR.

Premium Financing Review

Inflation, rising interest rates, increased policy loan terms, and stagnant product growth have introduced challenges never seen before. Our models will complete a complementary analysis that lead to 1 of 4 options: A. Stay the course, B. Make changes to the existing policy, C. Internal policy borrow with 1035 exchange of policy loan, or D. Secure non-finance coverage and pay off the existing lender.

The amount of money your client accumulates does not translate into the amount of guaranteed income their retirement plan will provide. Creating the right plan now for guaranteed income will maximize your client’s discretionary spending, liquidity, and ultimately their legacy.

WE CAN HELP WITH CLIENT INCOME PLANNING

PROVIDE YOUR CLIENT WITH

Tax-efficient access to future income streams
Maximized distribution rates in retirement
Insulation against sequence of returns
A larger portion of guaranteed retirement income stream

INCOME PLANNING OPPORTUNITIES

Guaranteed Income Rider within a life insurance policy
Lifestyle Access Rider – Allows access to death benefit while alive and healthy
Side-by-Side comparisons against investment alternatives
Tax Bracket Management – Analyze the ratio of your client’s qualified vs. non-qualified money AND provide Roth IRA conversion analysis under new tax law
Dynamic portfolio of Fixed and Indexed Annuity options – Over 25 insurance company partners
Illustrate impact of a high guaranteed distribution rate

Put your clients in control of their estate to minimize taxes, ensure equitable division of their assets, protect beneficiaries, and provide for potential estate taxes.

PRACTICAL PLANNING IDEAS YOU CAN USE

TAX REFORM

Allows for transfer of wealth in enormous proportions through year 2025*

TRUST PLANNING

Plan with flexibility, control, asset protection, and dynastic language for children, grandchildren and future descendants

Revocable and Irrevocable Trusts
Asset Protection against Divorce and Creditors
Dynasty Trust
Chronic Illness and Long-Term Care
Spousal Lifetime Access Trust (SLAT)

LIFE INSURANCE PLANNING

Product structure with focus on maximizing IRR to trust/family
Increased ability to make gifts for purchase of life insurance
IRA/RMD Rescue Planning in favorable tax brackets through 2025
Insured Dynasty Trust – Creation of wealth to be passed down in trust to multiple generations while avoiding estate taxes due at the death of each generation
Commercial and private financing of premium for life insurance
Sale of income producing assets via installment sale to IDGT
Increased exemption for life insurance inside qualified plans
Split Dollar – Identifies the party needing the insurance and the party with ability to pay premium and “splits” the responsibilities
- Corporate Leverage corporate dollars to create personal wealth
- Private Creates optimal flexibility, minimizes gifts, using most favorable AFR rates in history
- Generational Gift tax efficient strategy that creates wealth for grandchildren and future descendants

* Subject to change based upon Political landscape post election.

Global High Net Worth Individual (GHNWI) wealth surpassed US $83 Trillion.

PRODUCT and UNDERWRITING STRATEGIES for HIGH NET WORTH FOREIGN NATIONALS

WHAT TO KNOW

There are 21.7 million high net worth individuals across the globe with greater than $1 million of assets (excluding personal residence, collectibles, consumables, and consumer durables) United States life insurance products are considered a safe haven for citizens of countries who are exposed to currency risk, political unrest, and insolvent financial institutions.

Foreign National Program applies for business written when the owner and/or insured are not residents of the United States. These rules apply for US citizens who travel abroad for more than 12 weeks per year. (Solicitation and ongoing communication must occur in the United States).

GENERAL ELIGIBILITY

(special circumstances will be considered):

Established Nexus (LIFE Brokerage 1-page Fact Finder available
upon request)
App/exam/labs/ekg completed in US
$1,000,000 net worth and $25,000 in a US bank account for 30 days
prior to application

SPECIAL PRIVILEGES

Limited power of attorney forms available for select carriers
Reimbursement of APS translation fees

The LIFE Brokerage underwriting team will assist you in determining resident or non-resident status and identify a carrier program that best matches the client risk profile with the insurance company need. Contact us for our 1 page Fact Finder to help you simplify the process.

CONCEPTS / PRODUCTS

Term: Income replacements & business purpose

Max funded WL/IUL/VUL for accumulation & retirement income

Living benefits to be used in both US and abroad

Death Benefit coverage for Estate Tax (non-resident get $60,000 exemption)

$175,000 maximum lifetime gifting

Premium finance permitted

We help people without pension plans retire. Contact us for a cash flow study.

MAXIMIZING AVAILABLE ASSETS, INCOME STREAMS, AND LIFE INSURANCE

OPTIMIZE RETIREMENT PLANS

Utilize the two financial superpowers

Banks/wirehouses (equities)
Actuarial science (insurance companies)
Optimize portfolio at retirement age by creating a 1:1 ratio of equities
and cash value life insurance

WEALTH BUILDING STRATEGIES

Build the highest retirement income possible
Create guaranteed income streams
Mitigate taxes on future income streams
“Cover the Asset” to grant permission to rapidly spend down assets
Create a bucket of cash to protect against market volatility
Insurance policies designed with minimal expense intended for maximum growth

Seasoned policies act as the catalyst for optimizing both income and wealth transfer strategies. LIFE Brokerage has studied various opportunities to leverage your existing book of business to better serve your clients.

OUR PROCESS AND WHY WE’RE DIFFERENT

Policy Review of Existing Contracts

Analyze policy performance
Analyze existing policy data for modern day features and benefits
Optimize cash value performance using post 2021 improvements to section 7702
Lower cost of insurance charges
Over loan protection rider
Chronic illness/long-term care rider

Simplify Software Modeling System

A case design solutions platform that helps you grow your whole life business
Tax mitigation
Managing market volatility
Income protection
Retaining key people
Helping trustees
Premium funding strategies
Legacy planning

Industry Leading Survivorship Whole Life

The optimal estate planning whole life case design
Cash value break-even approximately year 5
Premium deposit account paying above market rates
Ideal for premium finance, private finance, split dollar & SLAT’s

Policy Loan Rescue

Transfer loan via 1035 exchange
Implement an exit/buy-down of policy loan
Rescue runaway premium finance designs for policies in a gain position
Introduce more favorable loan terms

Cash Value Life Insurance Design for the Entrepreneur

Favorable borrowing terms
Non-direct recognition
High early cash value product/riders available
Arbitrage alternative investments via policy loans

Policy Optimization via Reduced Paid Up

Preserve cash value
Redirect premium flow
Increase coverage amount at no additional cost
Diversify away from Non-Mutual and Non-Participating policies