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Life Insurance & Risk Management

Protecting Your Family and Your Future With Sophisticated Insurance Solutions

Independence and Objectivity

Taking an Unbiased Approach to Insurance

We are committed to providing you with exceptional guidance to protect your assets by offering life insurance and risk management solutions specific to your needs. Our independent brokerage structure allows us to take an unbiased view of the solutions available across the entire marketplace to find the appropriate fit for you.

Our Philosophy

Guiding Principles for Your Financial Well-Being

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Effective risk management extends beyond relying solely on insurance to mitigate identified risks. It encompasses a comprehensive multi-step process, including:

  • Risk identification & measurement
  • Impact assessment within the context of an overall plan
  • Development and implementation of suitable solutions
  • Regular review

Determining an appropriate risk management strategy involves striking an efficient balance between the level of protection and expense. Flexibility is paramount since the risks that are faced today may be either magnified or mitigated tomorrow.

Benefits of Life Insurance & Risk Management

Securing Your Future with Comprehensive Protection and Strategic Planning

Independent Brokerage

Providing clients with impartial advice and services, ensuring their best interests are prioritized without conflicts of interest, defines our role as an independent, unbiased brokerage firm.

Discreet Insurability Check

Conducting confidential assessments of insurability before market approach ensures the best possible underwriting offers are preserved for clients.

Customized Funding Design

Tailoring a funding plan to match your unique financial situation and needs ensures optimal solutions for your circumstances.

Comprehensive Solution Comparison

Evaluating a wide range of product types, including private placement options, to identify the best possible financial solutions for your needs.

Underwriting and Carrier Partnership

Assessing different underwriting offers, funding strategy flexibility, and the creditworthiness of issuing companies to ensure optimal financial decisions.

Ongoing Support

Monitor your insurance solution, assess current and future needs, and adjust for optimal protection for you and your loved ones.

Our Process

Tailored Insurance Solutions for Complex Needs

Discover

The first step in the risk management process is to identify and measure potential risk. A significant part of the process is to discuss your background and understand any priority concerns. This allows us to focus on your primary issues, to identify risks that may not have been considered, and to communicate risk into quantifiable terms as compared to your current financial situation. It also allows us to show potential exposure at various points in the future to determine if the risk is increasing or decreasing. Finally, it helps us gain insight into previous strategies that may have been implemented or abandoned.

Design

Once we understand the size and scope of the risks you and your family may be faced with, we can focus on the solutions that are available. We educate our clients on the difference between accepting a risk, mitigating or avoiding the risk, or insuring the risk. We ensure that existing risk management strategies continue to meet your objectives and are considered against any fresh solutions. Strategies are customized to your individual needs with a focus on efficiency and flexibility. Those strategies and their alternatives are discussed in detail so that you have a full understanding as to why one strategy is recommended over another.

Deliver & Dedicate

Finally, we work closely with you and your team of trusted advisors to create and execute an implementation plan. We will coordinate the many moving parts, including coordination with attorneys regarding any necessary legal documents, such as wills and trusts, buy/sell agreements, and gifting and/or sale documents. Tax implications and filings can be discussed with your existing CPA. We will also coordinate and implement the financial instruments necessary to the strategy, including investment accounts or the appropriate insurance product.

Background

Life Insurance Solutions Process

Your Wealth. Your Way.

To help safeguard your wealth and ensure lasting financial security, it is essential to address potential risks. We are committed to providing you with exceptional guidance to protect your assets by offering life insurance and risk management solutions specific to your needs. Our independent brokerage structure allows us to take an unbiased view of the solutions available to find the appropriate fit for you.

Discover

Get to Know Each Other
  • About You
  • About Us
  • Agreement to Proceed
  • Path Forward

Design

Process
  • Risk Analysis
  • Stategy Assessment
  • Execution

Deliver

Finalize & Implement
  • Delivery Documents Executed
  • Funding Secured
  • Coverage Bound
Year 1
Year 2+
Compass 360 Year 2+

Dedicate

Maintain Continuous Alignment Between Your Goals & Plan
  • Annual Premium Reminders
  • Annual Policy Review
  • Coordination of Professionals (CPA, Attorney, P&C)

Our Commitment

Your Path to Financial Success: What to Expect Next

As with any successful planning strategy, it is crucial to periodically review to ensure consistent alignment with overall goals and objectives. Once the plan has been successfully implemented, we will agree upon and set an appropriate review schedule. We review the risk management plan and its documents to account for legislative updates, changes to the tax code, or circumstantial changes unique to your situation. This involves a comprehensive review of the financial instruments utilized in the strategy, including performance monitoring and continued alignment with your goals.

Finally, the review process provides a time to offer education on the strategies implemented and any changes that may be necessary. Once armed with the knowledge and confidence that you are well protected, you can focus on the other important facets of living your life.

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Resources for Life Insurance & Risk Management

A Selection of Granite Harbor Resources Focusing on Life Insurance & Risk Management

Benefits of Private Placement Life Insurance (PPLI) for the Ultra-Affluent
4 minutes read

Benefits of Private Placement Life Insurance (PPLI) for the Ultra-Affluent

Tax rates are currently at or near historic lows. But ask just about anyone and the expectation is that taxes are sure to increase in the future. So, finding tax-efficient shelters for wealth accumulation is important for protecting long-term portfolio value and accomplishing tax planning goals. For the ultra-wealthy, private placement life insurance (PPLI) can provide powerful tax benefits while helping…
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The Clock is Ticking: Why Accredited Investors are Taking Advantage of Private Placement Life Insurance (PPLI)
5 minutes read

The Clock is Ticking: Why Accredited Investors are Taking Advantage of Private Placement Life Insurance (PPLI)

As today's top federal estate tax rate, or "death tax," currently tops out at 40%, proactive planning is needed for high-net-worth individuals who want to avoid nearly half of their estate going to taxes rather than their heirs upon death.1 With sizeable estate tax exemptions currently set to expire on December 31, 2025, combined with today's historically attractive tax rates, there has never been…
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Unraveling the Secrets of Cash Value Life Insurance
3 minutes read

Unraveling the Secrets of Cash Value Life Insurance

Cash Value Life Insurance, also known as permanent life insurance, combines a death benefit with an investment component called the cash value. In a cash value life insurance policy, part of each premium you pay is allocated towards insuring your life, while the remaining portion is dedicated to building up a cash value. The cash value portion of your policy grows tax-deferred, and if structured properly,…
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The Importance of Life Insurance in Retirement Planning During the Great Wealth Transfer
7 minutes read

The Importance of Life Insurance in Retirement Planning During the Great Wealth Transfer

The “Great Wealth Transfer” refers to the monumental shift of wealth from the Baby Boomer generation to its heirs. Over the next few decades, an estimated $84 trillion will be transferred to younger generations. This unprecedented movement of assets presents opportunities, but also challenges, for families seeking to secure their financial futures through the seamless transfer of wealth from one generation…
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Understanding Premium Financing: A Strategic Approach to Wealth Building
2 minutes read

Understanding Premium Financing: A Strategic Approach to Wealth Building

Understanding Premium Financing Premium Financing represents a sophisticated financial strategy that involves the procurement of a bank loan to pay for insurance premiums. This approach is particularly advantageous for high-net-worth individuals seeking to preserve their use of capital in other areas, while securing desired life insurance coverage for liquidity planning. The Mechanics of Premium Financing Premium…
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Understanding Life Settlement: Recognizing the market value of your life insurance
4 minutes read

Understanding Life Settlement: Recognizing the market value of your life insurance

Many people think of life insurance in rather uninspired terms. They generally consider it a liability and an expense that shows up in cash flow projections, not a true asset. This is sometimes why investors will surrender a policy or let one lapse. But before doing either of those things, policyholders should consider a life settlement. When used strategically as part of a comprehensive financial…
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