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