Life Insurance for Executives
Life Insurance for Executives is to bridge the gap from temporary group term life Insurance policies to permanent plans which are needed when your group term runs out. Also, the term insurance increases in cost and is either eliminated or significantly reduced at Retirement. The insurance is also not portable and is not adequate for long term estate planning needs. Many High net worth executives prefer a permanent life insurance policy in addition to their group coverage which they own directly to fund long term estate plans.