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What Is Private Placement Life Insurance?

January 30, 2024

Via: JD Supra

Market volatility and heightened tax uncertainty have caused increased interest in private placement life insurance (PPLI) in recent years. However, those same factors have led to increased scrutiny for high-net-worth families. In this blog, we’ll examine what PPLI covers, how it differs from private placement variable annuities (PPVAs), and what trustees should consider when being appointed to manage a PPLI.

Private Placement Life Insurance Explained

Private placement life insurance is a specialized type of life insurance product designed for high-net-worth individuals, generally with a net worth in excess of $20 million. It has high minimum investment requirements of often several million dollars.

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