We drill down on client objectives by interviewing key decision makers, analyze existing programs and provide a peer comparison to maintain competitiveness. Once our analysis is completed, we will meet to explain our findings and discuss how to close any gaps. If appropriate, we will present alternative cost effective options designed to achieve our client’s objectives.
Many clients have hired us due to our extensive expertise in helping large law firms and executive groups design and implement their executive life and disability risk management plans. These plans are designed to insulate group rates from the impact of large claims without jeopardizing the quality or the high coverage limits often necessary to meet the needs of the Executive population.
A disability could be devastating to the income and accumulation goals of executives on your team. As an employer, you want to provide adequate coverage to key executives on a cost-effective basis. Understanding the risk, assessing the income protection needs of your key employees, and designing effective solutions that benefit both the employer and the employees can make a significant difference.
Employers should carefully weigh their choices and balance cost and administration with the need for adequate coverage. There are many factors to consider, and we will help better prepare you by finding the right protection for you and your executives.
Many of our clients provide their Partners and Executives significant levels of group term life insurance coverage. What we have found is that it only takes a couple of claims to drive up group rates not to mention the limitations on portability and automatic age benefit reductions. Our solutions have helped our clients stabilize or reduce group rates, remove age reductions, improve portability and offer greater limits of guarantee issue coverage.