Hero Image

Private Placement Life Insurance

Customized Solutions for High-Net-Worth Individuals

Optimizing Wealth and Taxes with Private Placement Insurance

Understanding Private Placement Life Insurance

Our advisors specialize in assisting affluent individuals and families to maximize their wealth and optimize tax reduction strategies through the use of private placement life insurance and annuities. With a deep understanding of the financial landscape and a commitment to personalized service, we provide tailored solutions that address your unique financial goals and needs.

By leveraging private placement options, we help you take advantage of sophisticated investment opportunities that offer significant tax benefits and potential for substantial growth. Our comprehensive approach ensures that every aspect of your financial plan is optimized, from wealth accumulation to estate planning, providing you with peace of mind and financial security.

Our Philosophy

Commitment to Excellence

running-on-the-beach.webp

Granite Harbor is committed to uncovering innovative tax-efficient strategies designed to preserve long-term portfolio value while effectively meeting our clients' tax planning objectives. Our mission is to empower investors by offering tailored solutions that align with their financial goals.

We specialize in providing private placement life insurance (PPLI) and private placement variable annuities (PPVA), specifically crafted for accredited investors and qualified purchasers. These financial instruments not only deliver substantial tax advantages, enhancing overall investment returns, but also ensure liquidity for our investors, allowing them to access their funds when needed.

At Granite Harbor, we understand that navigating the complexities of tax planning can be challenging. That's why our experienced team is dedicated to guiding our clients through the intricacies of these strategies, helping them optimize their investments while minimizing tax liabilities. Our goal is to create a personalized approach that meets the unique needs of each investor, fostering long-term financial success and peace of mind.

Benefits of PPLI & PPVA

The Road Less Traveled

Institutional Pricing

Securing favorable terms and rates typically reserved for large institutions defines institutional pricing.

Increased Flexibility for Investment Vehicles

PPLI and PPVA have open architecture when it comes to constructing the underlying investment portfolio.

Tax-Deferred Accumulation

Assets inside PPLI and PPVA are not subject to taxation as they grow.

Transparent Cost Structure

Pricing and costs are transparent and displayed in an easy to understand format.

Tax-Efficient Cash Value Access

When structured properly, cash value can be accessed by policyowner on a tax-preferred, or tax-free basis without age restrictions or hold period requirements.

Legacy Planning (PPLI)

Asset held in trust generally lose their step-up in cost basis at death. PPLI allows for effective step-up treatment through a tax-free death benefit.

How Private Placement Life Insurance and Annuities Work

Understanding the Mechanics of Customized Wealth Preservation Solutions

Assessment and Evaluation

Our advisors assess your financial situation to confirm if these specialized products are suitable for your needs. We work with you to understand your wealth preservation goals, risk tolerance, liquidity requirements, and estate planning considerations.

Underwriting & Customization

Once we have determined that these products are suitable for your financial situation, the process of underwriting and customization begins. Our team will assist with identifying appropriate options, obtain proposals from multiple companies, and ensure the best combination of pricing and preferred features. During this stage, the terms of the policy, including the death benefit, premium, costs, etc., are negotiated with the insurance carrier.

Because PPLI and PPVA are limited to affluent individuals, owners of the accounts must undergo financial underwriting and meet the accredited investor and qualified purchaser requirements. PPLI also requires medical underwriting prior to issuance to provide evidence of insurability.

Policy Issuance and Funding

In exchange for one or more premium payments from the client, the insurance carrier issues the contract that highlights features, benefits investment options, fees, and any applicable restrictions.

The carrier places the premiums into a separate investment account, known as the policy’s cash value. With a PPLI contract, a corridor death benefit that exceeds the cash value of the policy is also provided.

The cash value of the policy is considered separate from the general assets and liabilities of the insurance carrier and can be used to fund one or more investments selected by the policyholder from a vast array of options including separately managed account solutions, private equity, alternatives, and more.

Our Commitment

Your Path to Financial Success: What to Expect Next

After obtaining PPLI (Private Placement Life Insurance) or PPVA (Private Placement Variable Annuity), our dedicated team of financial experts will assist you in regularly reviewing and managing your account to ensure optimal performance. We meticulously monitor investment performances, keeping a close eye on market trends and fluctuations that might affect your portfolio. Our team employs advanced analytics and market research to provide insights into emerging opportunities and potential risks, allowing us to make informed decisions on your behalf.

Additionally, we assess any changes in your financial situation, such as liquidity, expenses, or life circumstances. By understanding your unique situation, we can make necessary adjustments to your strategy, ensuring it remains flexible and responsive to your needs. This proactive approach allows us to ensure that your PPLI or PPVA strategy is perfectly aligned with your long-term goals and objectives. We strive to give you peace of mind as you navigate your financial journey, knowing that your investments are being managed with care and expertise. Our commitment is to be with you every step of the way, providing guidance and support as you work towards your financial aspirations.

First Introduction Image Second Introduction Image

Resources for Private Placement Life Insurance

A Selection of Granite Harbor Resources Focusing on Insurance

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…
Read Article
Using life insurance to transfer wealth
6 minutes read

Using life insurance to transfer wealth

Good estate planning answers three key questions: Where does your stuff go? Who is in charge? And what are the rules? Life insurance can be one of the most tax-efficient ways to answer these questions because it can limit tax exposure while protecting and facilitating generational wealth. Here’s a look at how you can develop a life insurance strategy that will help preserve your legacy for generations…
Read Article
Ensuring Your Legacy through Estate Planning: Preparing for the Inevitable
5 minutes read

Ensuring Your Legacy through Estate Planning: Preparing for the Inevitable

During a recent estate plan meeting, one of our most trusted partner estate attorneys shared a thought that deeply resonated with us and our clients. She emphasized, "Leaving your family without a plan in place is one of the most inconsiderate things you could do." We couldn't agree more. When a loved one passes away without a proper plan, it can cause significant stress, unintended burdens, and consequences…
Read Article
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…
Read Article

Ready to optimize your wealth?

Take the first step towards financial success by scheduling a 30-minute introductory call with us today.

Schedule Now

Subscribe to our Monthly Newsletter

Sign up now to receive our monthly newsletter, featured podcast episode summaries, upcoming topics, and exclusive resources.
Join our community today!

Schedule a Consultation