Our clients exhibit three favorable characteristics that drive economies of scale with the carriers which result in lower policy charges. The characteristics that go to the heart of life insurance pricing and help drive product design are:
- Mortality: Our clients live longer than the generally insured public, which results in approximately 20 – 30 percent lower mortality rates.
- Persistency: Our clients keep their policies in-force five to seven times longer than the retail average.
- Policy Size: Our clients’ policies are 10 times larger than the industry average.
These characteristics not only drive lower initial pricing but can also result in future pricing improvements over the life of the coverage.