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.
