Insurance. Only Insurance.
Appel Insurance Advisor’s unique business focus is providing custom,
sophisticated life, disability income and long-term care insurance solutions for
emerging wealth individuals and couples, established families and successful
business clients. Known for our independence, simplicity and transparency in
communicating the benefits and costs of strategic alternatives, we bring confidence
to the insurance acquisition process. Some of the country’s most successful
entrepreneurs, executives, and their advisors, benefit from our decades of
experience, remarkable volume and collaborative approach to resolving wealth
transfer, estate planning and asset protection challenges. Our insurance focus
enables us to channel our resources and provide superior insight and guidance on the
best tools for:
- Life Insurance
- Disability Income Insurance
- Long-Term Care Insurance
- Wealth Transfer
- Business Succession Planning
- Buy-Sell & Key Person Life & Disability Insurance
Coverage
- Special Needs Planning
For those with an existing insurance portfolio, we typically recommend a policy
review and audit where we provide a thorough review of the coverage in-place
relative to the owner, trustee or insured's goals and benchmark it to market
alternatives. This beneficial process brings peace-of-mind to our clients and their
advisors, as they can be certain that they truly understand their insurance policy
portfolio and how it achieves their goals.
Our structured process is facilitated by our tremendous access to market information,
resulting from the consistently high volume of qualified insured’s we present
to the various insurance carriers. When a carrier’s underwriting department
head gets a potential case from us, they know that it is complete and meets their
underwriting criteria. We make their job easier; and in turn, they provide paramount
pricing and coverage’s for our clients. The most competitive and highly-rated
insurance carriers for each client's unique situation are happy to negotiate
with us, frequently resulting in multiple offers.
Our success at advocating the most successful underwriting processes is rooted in our
long history and full comprehension of in-house, automatic and jumbo retention
limits, the reinsurance process, and how each carrier views things a little
differently. This high level of experience, combined with years of building and
maintaining relationships with senior underwriters, makes us a beneficial partner in
servicing the most discriminate clients.
Our clients typically have some form of insurance in place before we meet them. At
Appel Insurance Advisors, we provide a professional, objective, third-party
assessment of current life insurance to help clients and advisors determine if they
are still suited to achieve the insured's financial goals and performing as
planned.
Insurance products are complex financial instruments, heavily impacted by interest
rates, requiring proactive management. We remain at the forefront of insurance,
financial and tax law trends to assure that client policies, products and services
remain current and offer the greatest benefits at all times. Our Policy Audits
provide current and prospective clients, advisors, trustees and other fiduciaries
with a detailed evaluation of existing life and disability insurance
coverage’s relative to the client's goals.
Because we are licensed insurance producers and advisors, we have access to the
broadest range of market information across all carriers. We use our breadth of
knowledge to objectively assess product pricing, design and adequacy of funding,
often identifying newer products with superior features and/or cost savings. This
powerful information enables the insured and their families, outside advisors and us
to determine whether they should pursue a different strategy to enhance or update
the coverage provided by their insurance portfolio.
Policy Audits include:
- Assessment of current coverage details and costs
- Review of current insurer's financial strength
- Identification of guarantees, or lack thereof
- Review of current ownership and beneficiary
designations
relative to goals
- Identification of income, estate or gift tax issues
with
respect to current laws
and future funding requirements
- Projected future premium obligations and
requirements
The value of a Policy Audit can be tremendous.
We frequently identify:
- Under or poorly-performing policies as compared to
the current marketplace
- Savings in annual premiums
- Increased coverage for same premium outlay
- Coverage with improved features/guarantees
- Better products or product design relative to
client's goals and risk tolerance
Intelligent and aggressive underwriting is the single most important factor in
dictating the cost of insurance, yet very few insurance professionals truly
understand the intricacies of the underwriting process. At Appel Insurance Advisors,
we go far beyond simply submitting paperwork to carriers. We leverage our large
volume, personal relationships with senior underwriters and independence to obtain
the best possible underwriting offer from the carriers, resulting in the most
competitive offers for our clients with respect to pricing and coverage. The most
competitive and highly-rated insurance carriers for each client's unique
situation are happy to negotiate with us, frequently resulting in multiple offers.
Our success at advocating the most successful underwriting processes is rooted in our
long history and full comprehension of in-house, automatic and jumbo retention
limits, the reinsurance process, and how each carriers view things a little
differently. This high level of experience, combined with years of building and
maintaining relationships with senior underwriters, makes us a beneficial partner in
servicing the most discriminate clients.
We are dedicated to continuing education on insurance and estate planning products,
strategies, trends and advanced techniques. We also provide insurance seminars, or
as we call them “road shows” for leading law firms, CPA firms, business
management firms, and other financial advisors in the high-net-worth strategic
planning community. Additionally, we actively participate in the development of
insurance legislative and regulatory issues through the Massachusetts NAIFA chapter
that may affect and/or benefit our clients and their advisors.
Whether you are an Estate Planning, Tax or Business Attorney; a CPA, Investment
Advisor, Financial Planner, Trust Officer or Fiduciary; having a general
understanding of the state-of-the-art of our products is critical in helping you
provide the best advice for your clients.
Appel Insurance Advisors, LLC can offer educational presentations to firms like
yours. A typical presentation by our firm lasts 30 to 45 minutes and is presented
early in the morning, over lunch or in the late afternoon in your offices or over a
Video Call which typically lasts no more than 30 minutes. We can bring your estate
planning and business professionals up to date with the latest insurance products,
concepts and companies that are strong and competitive today. We spend our time
studying and analyzing insurance products and techniques to assure we make the best
recommendations to our clients. An annual presentation by us to your professionals
will help keep them abreast of the knowledge they need to best advise your clients.
Contact us by phone (617) 332-7900; or by email, support@appeladvisors.com so we can
discuss the value our Educational Seminar Road Show can bring to your firm.
