Personal Risk Management (PRM)

Each executive is subject to certain unique personal risks and should have a plan to manage those risks. Using the Personal Risk Management system (PRM), each executive’s situation is reviewed and a flexible plan is created that blends components in unique ways to satisfy their individual requirements.

The strategy includes planning for the following contingencies:

• living too long
• dying too soon
• incurring a life altering event

Combining ExecPlus and PRM the company is able to provide:

• Improved quality for the benefit package
• Short and long-term financial security
• Flexibility
• Customization for the individual
• Portability
• Comprehensive benefit coverage
• Executive tax, retirement and estate planning
• Quality post-retirement benefits
• Adaptability to changing needs of the individual