Personal Risk
Life Insurance.
Life insurance for high-net-worth individuals serves estate planning, business succession, and income protection functions that require product structures beyond standard term or whole life policies. Irrevocable Life Insurance Trusts (ILITs), buy-sell agreement funding, key person coverage, and split-dollar arrangements all require coordination between your insurance advisor, estate planning attorney, and financial advisor.
Life Insurance Planning for High-Net-Worth Families
Life insurance for high-net-worth individuals serves estate planning, business succession, and income protection functions that require product structures beyond standard term or whole life policies. Irrevocable Life Insurance Trusts (ILITs), buy-sell agreement funding, key person coverage, and split-dollar arrangements all require coordination between your insurance advisor, estate planning attorney, and financial advisor.
How OnePark Risk Helps
OnePark Risk works with high-net-worth families and their advisors to identify life insurance structures that serve specific financial and estate planning objectives. We access the global life market, including large-case underwriters who provide coverage amounts that standard domestic carriers decline, and we evaluate policy performance in force to identify surrender, exchange, or optimization opportunities.
Life Insurance Applications for High-Net-Worth
- Estate liquidity to fund estate taxes without forced asset sales
- Irrevocable Life Insurance Trust (ILIT) policy placement and administration
- Business succession and buy-sell agreement funding
- Key person life insurance for business continuity
- Split-dollar arrangements for tax-efficient executive benefit plans
- Large-face policies requiring specialized global underwriting capacity