The Highcroft Life Insurance Audit is geared towards high income, wealthy households.
It is an independent, specialized analysis that identifies the needs of your family or your trust; clarifying your goals, reviewing your current program, identifying opportunities, and obtaining superior benefits per dollar spent.
Below find categories examined and an executive summary of the process.
“We are not compromised by the conflicts of interest associated with proprietary product providers, can advise on any product, and have access to hundreds of solutions.”
— Gerald Asplund
Survivor Income
What is your plan for your family if you don’t wake up tomorrow morning?
Asset Based Long Term Care
Some life insurance policies include a long-term care benefit for a reasonable cost.
Charitable Planning
Which charities would your family like to impact? Which causes do you want to support?
Business Planning
Key person, buy-sell, golden handcuff, and business transition strategies can add significant value to your business and your family.
Estate Equalization
Children from different marriages or who have certain needs can be supported when you are gone, according to your wishes.
Estate Planning
Pulling it all together through a comprehensive estate plan where your insurance is aligned with your objectives.
Executive Summary - Life Insurance Audit
Just like you each audit is unique. During our introductory conversation we will provide you with a detailed summary of our process. The audit includes:
Goal Setting - What are you looking to accomplish? Your objectives will shape our efforts.Insurance Needs Analysis - We put your goals and objectives into a report that outlines your insurance needs.Policy Review and Analysis - We analyze your current program, comparing it to your insurance needs. We look for excesses and shortfalls, determining the extent to which your current life insurance policies match your goals.Compliance and Risk Evaluation - Each of your current policies will be examined, looking at: insurer ratings, lapse possibilities, and compliance with tax laws.Recommendations - From the review, analysis, and compliance and risk evaluation we give you an independent, informed report with recommendations.
Start The Conversation
Unless you are paying for an independent audit, you are not getting objective advice. To maintain our objectivity we charge an up-front, one-time fee of $500.
Like you we are busy and we will be respectful of your time. Let’s set up a time to introduce our process, you can move forward if you are interested.