Education, Dialogue & Collaboration all in one webinar series.
In conjunction with PolicyCheck, we're very excited to begin rolling out an education series for Trust Officers who manage life insurance. We're kicking things off with our first webinar (available at two different times) on May 5th and May 7th at 2PM.
Our central focus is to provide education and to help create an industry dialogue. Even better, these sessions aim to be no longer than twenty minutes each, because you're busy and we value your time.
What to Expect
Steve Hutchinson and Mike Smith (of TreadLightlyGuide.com and TFPBrokerage.com) have partnered to create an education series to benefit Trust Officers and those in the industry. The series was created out of a commitment to being a positive resource for Trust Officers by offering continuing free education and quality
- How to correctly determine the full cost of a currently held term policy and fully grasp low premiums vs. "trust success" probabilities
- How to fully understand the "small print" policy conversion options and correctly compare costs alternatives
- How to decide from a "trust perspective" if a new term policy should be considered
- How to best maintain your fiduciary position by demonstrating the costs associated with every major term policy decision
We are limiting space for each webinar to ensure a lively and collaborative environment. Registration is for Trust Officers Only.
About Our Program: As you are probably aware, (and is the purpose of this website) a large percentage of life insurance policies will not pay out at the time of the insured's death. Many Trust Offices are at risk by not providing an appropriate standard of policy reviews and assessments to their clients. Many trust departments are utilizing simplified third-party reporting systems that grade life insurance policies but do not give an appropriate amount of insight into the strengths or weaknesses of the client's portfolio. As a result many of the ILIT management processes that we come across do not adhere to the minimum recommended fiduciary standards.
Together with PolicyCheck, we have created a cutting edge process for life insurance policy reviews and remediation that will pass any fiduciary scrutiny test. Furthermore, our superior system can be implemented for a fraction of the cost of most third-party systems. Our independent analysis was created to serve the client and trustee by providing solutions, elite guidance and results - all while recording every step of the process.
For each review and analysis, there are up to 4 reports created and uploaded into RIC's DataTrack platform on your behalf, which utilizes RIC’s industry leading technology to support our proprietary platform. Our program also offers subsidized program costs for offices that qualify.