Passing the Torch: Life Insurance in your Estate Plan
When designing an estate plan, families should understand how to optimize their succession strategies to achieve their preferences and cater to specific needs.
Learn MoreLife insurance
At the Private Bank, working with wealthy families has given us valuable insights into their priorities and values. Wealth protection and preservation—and ensuring families are cared for no matter what happens—are almost always among their most important goals. Whether you seek protection for your business, your loved ones or both, life insurance can help give you peace of mind.
Life insurance for your complex wealth plan
Families with considerable wealth have unique needs when it comes to wealth planning: Family and asset protection, estate planning and business succession require specialized expertise.
Whether it’s for your individual wealth plan or you’re a business owner looking to protect your assets, to help suit your specific goals, there are various types of life insurance policies available to you. At J.P. Morgan, we look across your entire wealth plan to understand your goals and help you find the policy that’s best for your situation.
Why life insurance through J.P. Morgan?
At the Private Bank, we help you experience the full possibility that your wealth creates, raising the standard in private banking and delivering a uniquely elevated experience shaped around you. That means we take a holistic approach to your life insurance needs, keeping your entire wealth plan in mind.
Curated platform
Access a robust offering of carefully selected life insurance products that are designed to address a host of wealth objectives. We perform rigorous due diligence on all products and the insurance carriers with whom we partner.
Dedicated service teams
We understand that a life insurance purchase is a decision that’s often personal and sensitive. Our specialists are here to guide you step-by-step through the selection and purchase of your policy. Our team can connect you with resources throughout the firm, giving you confidence that you won’t miss out on a cutting-edge insight or emerging opportunity.
Ongoing support
As your needs evolve, we remain available to review your policy with you to ensure you and your loved ones have the appropriate protection in place. We can also review policy proposals from insurance companies to help evaluate whether the policy aligns with your goals and wealth plan.
To find a life insurance strategy that works for you, please contact your J.P. Morgan team.
Is your permanent life insurance policy’s cash value still what you think it is?
Market volatility may impact the health of your life insurance policy. Here’s how U.S. clients can evaluate whether their policy might need a check-up.
Learn MoreAdditional Services
Types of life insurance
Term life insurance
Provides temporary protection for a specific duration
Common terms:
- 1, 5, 10 year terms
Permanent life insurance
Provides permanent coverage for your entire life
Types of permanent life insurance
- Whole life insurance: Living and death benefits from your policy’s cash value
- Universal life insurance: Accumulates cash value you can access during your lifetime
- Linked benefit life insurance: Enhanced benefit options to pay for long-term care expenses without jeopardizing your legacy
