Our Services For Trustees & Advisors

Underwriting Advocacy

We work to find insurance solutions that are well-matched to your needs and budget. We do this through our underwriting advocacy. In the context of life insurance underwriting, “advocacy” means working on your behalf to:

    • Negotiate with carriers to help get you the best offers.
    • Avoid unnecessary tests or gathering of medical records.
    • Match you to the correct underwriting pathway for your needs and risk profile.

 

You’re unique. Your underwriting should be, too.

Life insurance underwriting includes an examination of your health, work, what you do for fun, and your financial profile by an insurance company to assign a “risk class” for your policy. The risk class directly impacts the required premium for your coverage. A more favorable risk class will result in a lower required premium. Carriers price risk differently, and offers may vary widely across carriers. We strive to direct you to a carrier best suited for your specific situation.

Because we have access to our own underwriters, we are able to work with carriers to get you customized proposals from them that may meet your needs. Alternatively, it may be to your advantage to explore and evaluate multiple offers before committing to one or more carriers, and we can help you do that. We can also evaluate how proposed policies from other insurance companies may or may not help you meet your needs and goals.

To learn more about how our underwriting advocacy services work and to understand how they could be helpful to you, read Chapter 8 of the book, Life Insurance 10X, the chapter written by our CEO and Founder, John Williams, below:

Download a copy of the “Life Insurance 10X” chapter John authored by clicking the button below.

Below are just a few of the underwriting-related problems we’ve been able to solve for clients. Click the silver bar for each problem to learn more about how we can solve them.

Underwriting Advocacy for Trustees Benefits

Complex and Lengthy Underwriting Process

Our advocacy services can streamline this process, manage the paperwork, and communicate with underwriters on your behalf, which can help ensure a more efficient and less stressful experience.

High Probability of Policy Denials or Substandard Ratings

Individuals may face denials or receive substandard ratings due to health issues or other risk factors. Our underwriting advocacy can help present your case more favorably by providing detailed medical information, negotiating with underwriters, and leveraging industry relationships to secure better policy terms.

Lack of Transparency and Understanding

The underwriting process can often be opaque, leaving clients unsure about why decisions are made. Our underwriting advocacy process can offer clarity, transparency and personalized support by helping you to better understand the process, the criteria used, and the reasons behind underwriters’ decisions, empowering you with knowledge.

Unfavorable Policy Terms and Conditions

Applicants might receive policy offers with unfavorable terms, such as high premiums or limited coverage. Our underwriting advocacy process can negotiate more favorable terms by highlighting your strengths, addressing concerns raised by underwriters, and comparing offers to find the best available options.

Privacy and Confidentiality Concerns

High net worth individuals and families often have heightened concerns about privacy and the confidentiality of their personal information. Our underwriting advocacy process handles sensitive information with the utmost discretion, providing you with peace of mind in the knowledge that your privacy is protected throughout the entire underwriting process.

Trust-Owned Insurance: The Acorns to Mighty Oaks Process ™

Capital Formation Group has developed a proven procedure: The Acorns To Mighty Oaks Process™. Through this process, trustees are assisted in assessing and
improving what they own, repairing or replacing what is broken. This process helps them better understand their vulnerabilities and opportunities, and to establish the best way to manage these assets proactively.

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We’ve compiled a white paper about our unique approach to reviewing & managing Trust-Owned Life Insurance. Download your copy by clicking on the button below.

Trust-Owned Insurance

Life Insurance Policy Management

We continuously monitor your life insurance to ensure that it’s always the best policy for you, your needs and your goals. Learn more about our policy management company by clicking the button below.

Disclosure: No payments were made to the above listing of clients who offered their opinions/testimonials regarding our services. These client experiences may not be representative of all clients.

Schedule a Conversation with an Advisor

62 Walnut Street
Wellesley, MA 02481
Phone: 781.237.0123
Fax: 781.237.1696
E-mail: [email protected]

Capital Formation Group, Inc.