Pay to Delay- Executive Benefit

What is Pay-to-Delay?

Without planning, decisions relating to long term care, unexpected health (cancer) treatments / planning, and final expenses are delayed until health underwriting is no longer an option. Pay-to-Delay looks for market solutions to pay a small amount now to expand options in the future.

Note: Not all life insurance is designed to utilize a tax free dealth benefit. Added LTC riders and exit startegies are both examples of how benefits can supplement living expenses. Please consult with a licensed insurance agent to review how this can be properly structured.

Our Process. Setting up the (Optional) Exit Strategy.

Review requirements for a Life Settlement

Why? The life settlement is an exit strategy only when you have the right 'type' of insurance.

Look for Best of (2 worlds)

Compare best in class Term conversions (10, 20, 30 year) with best in class Guaranteed Universal Life. (Hint: this is the type life settlement providers prefer.)

Face Amount Selection

For many executives, dealth benefits can be calculated by using a factor of current salary, ie 10x salary. Hint: life settlement providers have min. face amount requirements)

"I like convertable term insurance for executives. It is rewarding when clients see the 'true value' and not just the lowest cost product. This is what most life insurance comparisons leave out!"

– Eric Dennison, CFP

Ready to get started?

Example Client: Male age 40 considering a Convertable Term to Age 70 or 65. The alignment needs to be vetted with permanent Universal Life (GUL). Not Whole Life or other non guaranteed options.

Sample Documents

From Case Design

Life expectancy of a Male age 70 is 14-15 years!

Review the chart below to see how life expectancy can change in the 65-70's.

Why is this an Executive Benefit?

Answer. We are all at risk for health changes. Let the Term Conversion be an 'option for a fixed payout.' Compare this to buying a 'call option' in the investment world. You execute the 'call option' when your health changes in the late 60's or at the end of the conversion privelage.

Great, we're almost done.

You decide on if you need help. Sometimes an ageny runs term quotes and just picks lower cost products. We can show you two proposals: (1) are the term products (2) forecasted conversion at age 65 or 70.

First name

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Last name

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Email address

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We will reach out to you via e-mail and share the (IRR) rate of return after premiums and settlement offers.

Thank you, @firstname!

We're excited to to share the value in terms of IRR (internal rate of return).

What to expect next:

Form submitted

Free consultation call

Optional Review