Nobody looks forward to this conversation. Insurance usually arrives as a product pitch from someone whose income depends on your answer, so the reasonable response is to buy something, file the policy, and stop thinking about it.
Then the policy ages while your life keeps moving. A term policy expires the year before your family needed it. An umbrella sized for an earlier, smaller balance sheet still sits on the one you have now. A trust owns a policy funded for an estate tax exposure that has changed twice since. The art on the walls never made it onto a schedule.
Savant views insurance as a diagnostic discipline instead of a product category. Savant keeps the focus on one question: how might your plan respond to the unexpected?
That question belongs inside your financial plan, not beside it. So your risk review runs alongside your advisor, your tax specialists, and your wealth transfer team, because coverage that does not account for your estate structure may not align with your intended goals.
Risk management for ultra-affluent families goes wrong in a predictable way. Someone may sell a solution before anyone diagnoses the problem, and the family could end up well covered against one risk and exposed to three others. Our insurance advisory services invert that order.
A personal risk review maps your balance sheet, including homes, vehicles, aircraft, watercraft, art, collections, business interests, entities, and personal liability, then prioritizes the risks that may have the greatest effect on your family.
Our insurance review services can help identify a term that may lapse too early, a disability policy capped below your income, an umbrella that may no longer align with your net worth, and a policy that has not been reviewed recently.
Life insurance planning answers to a purpose: replacing income, funding a buy-sell agreement, equalizing an inheritance among children, or supplying liquidity that may reduce the need for heirs to sell a business to pay a tax bill.
Multi-property, multi-vehicle families outgrow retail carriers quickly. We coordinate property, casualty, and excess liability coverage through specialty carriers built for complex balance sheets and unusual assets.
When you decide to place coverage, Long Road Risk Management can handle execution across a range of rated carriers. Savant provides the insurance review, while Long Road assists with policy placement.
When included in your engagement, we review your coverage against the goal it was bought to serve and identify when it may no longer fit your circumstances.
Wealth protection strategies, coordinated with everything else in your plan.
We help identify your exposures across the full balance sheet and rank them by potential consequence, so you can focus premium dollars on the risks that could have the greatest effect on your family.
We define the job first, then the amount, then the structure. Term, permanent, and trust-owned policies each solve different problems, and the wrong structure can undo good intentions.
Long-term care planning can help protect the balance sheet your heirs may inherit. We model self-funding against insured approaches and hybrid designs, and we evaluate whether the coverage you already own still aligns with your needs.
Homes, aircraft, boats, art, and collections need scheduling and appraisal, not a standard form. Excess liability functions as an additional layer of protection for families whose visibility may increase their exposure to claims.
Executive insurance strategies cover key person and buy-sell funding, split-dollar arrangements, supplemental disability above group limits, and the personal liability an officer or director carries.
Bring us a proposal from anyone. We will explain what the policy does, what it costs, what it assumes, and whether it appears to fit your circumstances, without receiving product-based compensation from the recommendation.
Most families own coverage nobody has explained to them recently. Send us the policy, the proposal, or the renewal notice sitting on your desk. We will read it and help explain what it covers, where limitations may exist, and what your alternatives may be. You receive a review of your insurance coverage whether or not you move any coverage.
Insurance planning identifies the risks that could affect a financial plan, then decides which ones to retain, reduce, or transfer to an insurer. The discipline covers life, disability, long-term care, property, casualty, and excess liability coverage, and it treats each policy as one piece of broader risk management planning rather than a standalone purchase. Good insurance planning starts with exposure and ends with products, not the reverse.
Our advice does not depend on a sale. Savant’s risk professionals work in-house as part of your team and do not receive product-based compensation from their recommendations, so they can recommend that you keep, reduce, or cancel coverage as readily as buy it. When you choose to place a policy, Long Road Risk Management executes on a carrier-agnostic basis across a range of rated carriers, and property and casualty coverage runs through preferred brokers who specialize in high-net-worth households. Ask us how any party in that chain earns its compensation, and we will tell you.
Insurance planning for ultra-high-net-worth families often extends beyond income replacement, since the balance sheet may already support much of the family’s spending. The real drivers are liquidity and equalization: cash to pay estate taxes without a forced sale, funding for a buy-sell agreement, a way to leave one child the business and another child comparable value, or support for a family member with special needs. Answer what the death benefit has to accomplish, and the amount follows.
Life insurance strategies for wealth transfer generally use the death benefit as liquidity at exactly the moment a family needs it. Families often hold policies in an irrevocable life insurance trust so the proceeds can stay outside the taxable estate, and they may fund premiums through annual gifting or, in larger cases, premium financing. Results depend heavily on the structure, the trust drafting, and current tax law, so we model these designs with your wealth transfer team before anyone commits.
Because the two decide the same outcomes from different directions. A policy owned by the wrong party can pull the death benefit back into your taxable estate. A trust drafted years ago may name a beneficiary you would no longer choose. A buy-sell agreement can promise a payout that no funding supports. Insurance planning integrated with estate planning can help identify those gaps, and at Savant, your risk review, your wealth transfer professionals, and your tax specialists all work from the same picture.
Insurance solutions for business owners usually start with the risks a personal policy will not touch: key person coverage, funded buy-sell agreements, supplemental disability above group plan caps, and directors and officers liability. Owners approaching a sale face a different set of questions, because coverage bought to protect an operating business often stops making sense once the business becomes a portfolio. We review both sides with your advisor and your succession team.
Review coverage every few years, and always after a change that moves your balance sheet or your obligations. That includes a business sale, a new property, a marriage or divorce, a significant gift, a new entity, an inherited asset, or a jump in net worth. Policies stay technically valid long after they stop fitting, which is why we treat insurance review services as recurring work rather than a one-time exercise.