Legacy Risk Solutions provides objective Property, Liability, Employee Benefits and Life Insurance analysis.
Financial planners had overwhelmed a client, presenting complicated Life Insurance alternatives. Legacy Risk Solutions provided independent and objective analysis of the plans offered. The result was a tailored program to the client’s objectives that was efficiently priced.
Common Recommendations include:
1. Consider investment options with lower expenses on variable life policies.
2. Evaluate the tax advantages of changing the beneficiary to a favorite charity and allowing the policy dividends and cash value to continue to pay the premiums without paying any additional premium.
3. Increase the coverage duration of Term Life by reducing the policy death benefit.
4. Level the death benefit. Change an increasing life benefit option to a level death benefit option, to extend the duration of Term life products.
5. Take advantage of the most recent extended mortality tables by submitting to a new life physical exam.
