PORTFOLIO MANAGEMENT

Servicing

After Closing and Escrow, the portfolio requires servicing to ensure that the correct minimized premium is paid on time, preventing the policy from lapsing. As a result of the entire portfolio having already been completely vetted, priced and loaded with the most current data, Living Benefits® Asset Management is in the perfect position to service the portfolio with our online system.

Every premium is calculated and recalculated, when necessary, to ensure the proper premium is paid to minimize account value growth while preventing policy lapse. Each policy typically has several nuances that affect the premiums which must be accounted for to properly determine the minimized premium stream and help to maximize the internal rate of return. Once we are certain that all servicing variables and nuances have been accounted for, a host of reports are employed to efficiently manage the servicing operation on a monthly basis.

A few of the available online servicing reports are shown below (online demonstration upon request):