Universal life insurance can provide a more certain, efficient and personalized source of liquidity to replace income, transfer wealth and ensure efficient business successions. Beyond the death benefit protection, these solutions provide cash accumulation potential in addition to strong guarantees to help meet global estate and legacy planning needs.
Why High Value Life Insurance?
Legacy & Succession Planning
Preserve the value of your estate by providing liquid funds for dependents or a spouse to pay for any fees or debts outstanding upon death. Life insurance can help create, increase or preserve wealth to ensure fair and equitable distribution of your estate.
Wealth Preservation
Seen as an alternative asset class that has the ability to generate cash in the future, life insurance is one of the few assets with a guaranteed value and predictable cost. It offers value by providing both peace of mind now and potential death benefit payments later.
Charitable Giving
By gifting a policy outright or naming a charity as the beneficiary, donors can provide the charity of their choice with a large sum of money and a lasting legacy for a cause they believe in.
Inheritance Tax Planning
Liquidity for your heirs to cover inheritance tax or property gains tax on assets within your estate, having first sought the right guidance from a qualified tax professional.
Key Person Protection
In the event of the loss of a key employee, a life insurance policy can provide a business the cash flow it needs to keep it running. The policy provides the cash needed to hire a qualified replacement, purchase the additional human capital or assets, necessary to
keep operations intact and help replace lost profits.
Business Continuity
Without a business survival plan, the consequences for a business owner’s employees, customers, family and estate can be devastating. Life insurance can help mitigate these risks by serving as a funding tool for your plan.
Opportunities to access sophisticated solutions:
• Multi-jurisdictional families with assets and complex structures across the globe.
• High capacity not available in a particular country. We can offer between $1m to $100m to clients who reside in over 150 countries.
• Guaranteed premiums and cover required to age 100 and beyond.
• The need for more progressive underwriting decisions as previous evaluations have prevented you from obtaining cover.
• Politically exposed persons with no access to offshore solutions.
• Flexibility needs of a global high-net-worth individual – flexible premium payments, free partial withdrawal, top-ups, the flexibility of death benefit, beneficiaries, and even as collateral.
Example Quotes:
Male - Age 45- Resident in The UAE- Non Smoker
$2m Cover x Regular Premiums paid over 20 years.
Male - Age 45- Resident in The UAE- Non Smoker-$2m Cover - Single Premium.
For further information or to discuss your family's insurance needs, contact me. I will be happy to help with whatever questions you may have.
Rob.
E: robert.gourlay@holbornassets.com T: (+6) 01151565649 W: www.rgwealthsolutions.com
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