Statements (48)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
Insurance Product
|
| gptkbp:alsoKnownAs |
PPLI
|
| gptkbp:benefit |
Confidentiality
Customizable Investment Choices Estate Planning Efficiency Tax Deferral |
| gptkbp:complianceRequirement |
Accredited Investor Status
Qualified Purchaser Status |
| gptkbp:component |
Beneficiary
Investment Account Insurance Carrier Insurance Policyholder Insured Person |
| gptkbp:feature |
Ability to Change Beneficiaries
Ability to Change Investment Allocation Ability to Hold Alternative Assets Customizable Investment Menu Flexible Premium Payments No Surrender Charges in Some Cases |
| https://www.w3.org/2000/01/rdf-schema#label |
Private Placement Insurance
|
| gptkbp:introducedIn |
1980s
|
| gptkbp:investedIn |
gptkb:Hedge_Funds
Private Equity Mutual Funds Separately Managed Accounts |
| gptkbp:jurisdiction |
gptkb:Bermuda
gptkb:Cayman_Islands gptkb:Luxembourg gptkb:United_States |
| gptkbp:offeredBy |
Insurance Companies
|
| gptkbp:originatedIn |
gptkb:United_States
|
| gptkbp:premiumMinimum |
Typically $1 million or more
|
| gptkbp:regulates |
gptkb:Insurance_Regulators
|
| gptkbp:relatedTo |
Variable Universal Life Insurance
Offshore Life Insurance Private Placement Variable Annuity |
| gptkbp:riskFactor |
Investment Risk Borne by Policyholder
|
| gptkbp:taxStatus |
Potential Tax-Free Withdrawals
Tax-Deferred Growth Tax-Free Death Benefit |
| gptkbp:usedBy |
Trusts
High Net Worth Individuals Family Offices |
| gptkbp:usedFor |
Wealth Management
Asset Protection Tax Planning |
| gptkbp:bfsParent |
gptkb:PPI
|
| gptkbp:bfsLayer |
7
|