| Legacy Plan is widely used by high net worth individuals because of its distinct advantage: A large sum of life insurance, usually from a few millions US dollars to USD25m or more, at zero premium payment and only a minimal cost - which can be lower than 20% of normal premium.
Put simply, Grandtag will arrange, on the one hand, an offshore universal life insurance contract, issued by an insurer rated at least AA- by S&P, of the sum insured the client needs; and, on the other hand, a private bank to offer him or her a loan, at a privileged loan interest rate in the currency of the client choice, to settle the single premium payment. Policy holders can be individuals, trusts or companies.
The client does not need to pay any premium. All he or she needs is only make a deposit with the bank, the minimum amount required normally being 30% to 60% of the single premium payment. And, most importantly, that amount will generate returns, depending on the client's choice of investment, at a rate of 1% to 8%, or higher if leveraging is used.
Thanks to all this arrangement, our clients are enjoying a large sum of life protection without paying any premium and, at the same time, seeing their asset grow day by day.
In Asia Grandtag is a clear leader in Legacy Plan. We offer not only the widest choice of banks and insurers, but also the most flexible terms. Please contact us to obtain a tailor-made proposal. We believe you too can enjoy the benefits our clients are enjoying.
At Grandtag, to meet your financial needs, we create innovative solutions. |
