Private placement life insurance and annuity products offer a substantial array of economic and tax benefits to the qualified investor. Securing these contracts and placing them in the appropriate structure requires a team that is expert in underwriting, reporting and tax. Pillar’s discretion, knowledge of alternative investments and service team provide the resources necessary for advisors to make a determination of whether a private placement product will work for their client. Private placement life insurance and annuity products can help ultra high net worth investors achieve net, after-tax, risk considered returns not attainable with any other asset class. Of course, there are risks associated with private placement life insurance and annuities. Transactions should be initiated only after a thorough economic, legal and tax review.
Pillar provides underwriting and placement of these complex products, as well as the in-force management so essential to their proper maintenance.