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Life Insurance: The Missing Fiduciary Standards of Full Disclosure

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  • "Keyword/Topic: fiduciary life insuranceTitle: Life Insurance: The Missing Fiduciary Standards of Full DisclosureWord Count Range 400- 600 (for this section - out of 400- 600 total)Style/Tone conversationalNarrative 1st Person: "I, me" - a ..

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  • "Keyword/Topic: fiduciary life insuranceTitle: Life Insurance: The Missing Fiduciary Standards of Full DisclosureWord Count Range 400- 600 (for this section - out of 400- 600 total)Style/Tone conversationalNarrative 1st Person: "I, me" - a more personal or autobiographical voiceOther optionsRequested Language EnglishFiles to reviewSites to review0.5% - 1.5%Keyword DensityUse keyword once every 2 or 3 paragraphsTarget AudienceNew Blog.. I am an attorney and my company has a fiduciary based process for life insurancereview. These are large policies, typically in Trusts (TOLI = Trust Owned Life Insurance) (ILIT= Irrevocable Life Insurance Trust). Target audience is trustees, attorneys, financial advisors &financial institutions.General Project Instructions from Client Need long term assistance with content writing, Blogand more.Page-Specific Instructions Copy/Headlines from Home Page of forthcoming website:Partner with the Life Insurance Analysis & Review Leaders: Redefining the Industry Through Objectivity, Transparency and Disclosure We Provide Proof in Plain Sight: Not Opinions, but Recommendations Based on Patented Pricing & Performance Research 2012 Fiduciary Fallout: The Road to Opportunity: Remove your burden of risk – Enhance your client relationships$ 3 Trillion in Neglected Life Insurance Cash Values - Liability or Opportunity For You?Larger than hedge funds, separately managed accounts, and exchange traded funds combined.With more regulatory requirements, consumer pressure for transparency and increasing fiduciarylitigation, these assets can no longer be ignored.. Did you know that internal costs of insurancealone can result in a premium swing of as much as 40% for your clients?Life Insurance: The Missing Fiduciary Standards of Full DisclosureGreetings all!!! I would like to start this blog of mine with an introductory note on fiduciary life insurancepolicy, which you will soon come to know when I talk more upon its purposes & benefits, whyand what makes it stand-out when compared to other normal existing life insurance policies. Tobetter understand the fiduciary life insurance policies, you should prior know the meaning offiduciary, rite?Fiduciary in insurance context implies – any person or organization orassociation who takes care of the property or assets of a person or a company for the benefit ofthat person. It is one of the large or group insurance policies mainly aimed at financial advisors, financial institutions, attorneys, trustees or any organization and institution if loosely specified. In my point of view fiduciary would benefit anyone, even an old couple who can forget theburden of taking care of their assets by just allocating their insurance planning work to fiduciarycompanies like ours.I strongly believe that for any organization, outsourcing their insurance policy planning tocompany like ourswould definitely pave a path of opportunity for them mainly because theefforts and manpower put for planning insurance policies for the organization and its employeescould be channelized for better productivity and profitability of that concerned organization.Also just try to remember that if any trust chooses fiduciary life insurance then the risk of takingprofitable insurance policies has been removed from their burden list, which is a welcominginformation for anyone, rite !!!This fiduciary life insurance has got two main flavors namely TOLI – Trust Owned LifeInsurance and ILIT – Irrevocable Life Insurance Trust. TOLI is insurance for trust and is meantfor high net worth individuals. When the existing insurance policies fail to meet the needs oftrust, then newer cost-effective, effective policies like fiduciary life insurance policy evolve tosatisfy them. Let me tell you one thing – ILIT is an excellent tool for paying estate tax, avoidGeneration Skipping Transfer Tax(GSTT) and as its name suggests, its irrevocable and mainlyworks for the benefit of spouse and children (or next generation).As I have briefed you about fiduciary life insurance policies, now I will tell you why ourcompany would be ideal for this. We act as a safe harbor for trustees and professional advisors,our fiduciary life insurance policies are industry regulations compliant, avoids conflict ofinterests, acts in the best interest of participant’s etc. May be during some point of time someone would have been an accidental fiduciary for you, but here, in our company each one of us clearlyknow what are the roles and responsibilities of a fiduciary and could hence serve you better.Currently fiduciary standards are being broadened by legislation such as Dodd-Frank Wall StreetReform & Consumer Protection Act and as a result it’s not just ILIT trustees who will bebenefitted out of it. To conclude, fiduciary life insurance policy is the best policy for anorganization or a trust. "

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