Premium optimization means undertaking a financial evaluation of an existing insurance policy to determine what future premium payments should be made in ordinary to best meet the policy owner’s financial goals. Most owners of life insurance policies simply pay the amount of premiums invoiced by the insurance company without evaluating if that payment is in their best financial interest. Living Wealth Advisors will review and analyze all information regarding our client’s life insurance policies (in-force illustrations, policy contract, annual statements, etc.) to calculate the optimal premium payments for a policy. Living Wealth Advisors will calculate the minimum required premium payments that are needed to keep a policy in-force. Living Wealth Advisors will update premium estimates based upon the most recent policy information available. The process can be performed annually to ensure a policy is maintained as efficiently as possible.   The premium optimization tool ensures that a client can maximize its financial return from a policy by streamlining the cash flows relating to such policy. 

Major banks, insurance companies, investment houses and hedge funds have used premium management tools for more than 25 years to maximize their returns from life insurance policies. These institutions include Wells Fargo Bank, AIG, Fortress Investment Group and Apollo Investment Corporation. It is estimated that more than $35 billion in face of life insurance is being actively managed this way today. Living Wealth Advisors was founded by Mark Freitag and Marcia Shieldknight in order to provide these analytical and advisory services to a wide range of universities, foundations, institutions, charities and other clients outside the investment community. 

In general, we will need the following information with respect to each life insurance policy we are to review: (1) a copy of the complete policy, (2) a copy of the most recent annual statement from the insurer, and (3) a current illustration showing the account values and death benefits through the maturity of the policy. We will also need an engagement agreement as well as authorizations to obtain any additional information regarding each policy from the insurance company. 

Once we receive all of the necessary information to analyze a policy, we will provide our client with our analysis in 10 to 20 business days depending upon the number of policies in their portfolio. If requested, we will also provide a copy of our analysis directly to our client’s financial advisors.

No. This is not a premium finance program, and our clients will not need to incur any liabilities or reduce the death benefits payable under any life insurance policy upon the death of the insured.

No. Living Wealth Advisors and its employees generally are not licensed as insurance agents or brokers, and we do not solicit, negotiate or sell insurance or otherwise engage in any conduct that requires an insurance producer license. We provide analytical and monitoring services for our customers. We recommend that our customers discuss their insurance needs with properly licensed insurance professionals or other financial advisors of their choosing.

No. Living Wealth Advisors provides analytical and monitoring services with respect to insurance policies owned by our clients. We are not a financial advisor and we do not solicit, negotiate or sell investments or securities. Furthermore, we do not provide investment advisory services. We recommend that our customers discuss their insurance needs with properly licensed insurance professionals or other financial advisors of their choosing.

No. We provide advisory and consulting services to our clients with respect to their insurance policies. We do not act as legal counsel or provide any legal services. We recommend that our customers discuss any legal issues or concerns with properly licensed attorneys of their choosing.

Once you have decided to engage Living Wealth Advisors, please contact one of our principals: Marcia Shieldknight (806.674.3761 – marcia.shieldknight@livingweathadvisors.com) or Mark Freitag (404.483.8542 – mark.freitag@livingwalthadvisors.com). We will work with you to execute an engagement letter and the other documents necessary for us to gather the information we need to analyze your life insurance policies.

At this time we accept payment only by check and wire transfer.