The Final Piece of Your
Financial Plan™
Bridge the Gap Between Where You Are and Where You Want to Be.
Full Access to Funds in Days, Not Months
Even with careful planning, your family could still face financial hardship as they wait to access the funds you have set aside for them. Fortunately, there's a way you can help ensure your family isn't left to "figure it out" when they cannot access the funds you expected them to use.
With a Beneficiary Liquidity Plan, you can allocate existing funds into a single premium whole life insurance policy. Those funds can help cover expenses your family is likely to incur in the months following your passing, including the cost of a funeral, celebration of your life, loved ones' travel expenses, mortgage payments, medical bills, legal fees and many other costs associated with closing out your estate.
We work directly with funeral homes across the country to complete the claims process, so they won't need to wait for a copy of the Death Certificate. As a result, they are able to pay claims quickly. If your beneficiaries choose to file their claim through a licensed funeral provider, they could have access to policy funds within 24-48 hours. This features gives them liquidity while they work to settle your remaining estate.
With Your Beneficiary
Liquidity Plan®
Electronic claim filed through a licensedfuneral home²
Full policy benefit paid out in as little as 24-48 hours
Total Time:
60-90 Days or Longer
Without
Beneficiary
Liquidity Plan®
Request a copy of the Death Certificate from the Department of Health and Human Services
Wait as many as 4-6 weeks to receive it
File claim paperwork with the insurance or investment company
Wait up to another 30 days for the claim paperwork to get processed and funds released
Total Time:
60-90 Days or Longer
Sixty to ninety days is a long time to wait when your family could be juggling thousands of dollars in out-of-pocket costs. With our Beneficiary Liquidity Plan®, you can help ensure your loved ones have quick, easy access to the allocated funds they need to settle your estate.
Have You Considered What Your Family Would Need Financially in the First 90 Days After You’re Gone?
In the first 90 days after losing you, your family could face significant costs — funerals, legal support, travel, and more — all while navigating grief. Our thoughtful planning guide helps you understand and prepare for these early expenses, so you can ensure your loved ones are cared for when it matters most.
It’s not something we like to think about, but planning ahead can make all the difference. From funeral arrangements to travel costs, legal fees, and taxes — those early days can bring unexpected expenses. Our planning guide makes it simple to estimate what your family may need, so you can protect them with confidence.
The best laid plans...
On April 21, 2016, the Nelson family received unwelcome news: their 57-year-old brother had been found unresponsive in his Minnesota home. Despite their best efforts, first responders had been unable to resuscitate him, and he was pronounced dead at the scene. As many families do following the loss of a loved one, the Nelsons wanted to travel to their hometown to plan and attend the funeral. But they worried about the cost-how were they going to afford the airfare and hotel, let alone the funeral? Fortunately, a family friend was able to give them $20,000 to cover expenses until their loved one's estate could be settled. His gift provided the Nelsons with much-needed financial relief during the most difficult days of their lives. That man was actor and comedian George Lopez, a longtime friend of Prince Roger Nelson. You may remember him simply as Prince.
This is an all-too-common experience for families after losing a loved one. Even with careful planning, surviving family members are likely to face upwards of $15,000 in funeral expenses and, on average, an additional $10,000 in other financial demands.1 Families may wait 30-45 days and, in some states, up to six months to obtain the Death Certificate required to access inherited funds.2
1
Our Thoughtful Planning Guide Can Help
We’ve created a simple, step-by-step guide to help you estimate the minimum amount your family may need during that transition. With this knowledge, you can:
Understand potential expenses clearly.
Make confident decisions about your coverage.
Ensure your loved ones have the support they need.
The cost of leaving
families to "figure it out"
Many beneficiaries are forced to
cover expenses by using a credit card
or personal savings. In fact, more than
50% of families report going into debt
after the death of a loved one.¹ If it could
happen to Prince's family, who would later
inherit more than $156 million from his
estate, it could possibly happen to your
family, too.
1 According to the 2022 "The Cost of Dying"
report published by Empathy.com.
2 Based self-reported processing times from state Departments of Health and Human Services.
Take the First Step—It Only Takes a Minute
Fill out the form to book a meeting where we’ll review the planning guide and help you take the first step toward peace of mind.
Many clients appreciate that no additional money is required to set up a Beneficiary Liquidity Plan. By simply allocating a small portion of your existing financial assets into a BLP, you could help give your loved ones some financial breathing room. Now, on one of the worst days of your family's life-the day you pass away-the burden of accessing money to
pay expenses may be eased.
The Beneficiary Liquidity Plan is not available in all states. Product availability and design may vary by state.
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