Choosing LITCO as the corporate trustee for your clients’ ILITs ensures that their policies are expertly managed, freeing you to focus on delivering exceptional service.
PARTNERS WITH LIFE INSURANCE AGENTS TO MAXIMIZE POLICY RESULTS FOR THEIR CLIENTS ILITS.
insurance policy experts
Our team of life insurance trust specialists oversees and manages all policies to maximize results for grantors and beneficiaries.
we don't compete
We offer non-biased reporting and are conflict-free as we do not sell insurance.
south dakota based
South Dakota has state tax laws that are beneficial to grantors and beneficiaries, which is why LITCO is headquartered in Sioux Falls.
Our team of independent trust administrators, life insurance experts, and underwriters work to maximize the value of each policy and trust for your clients and their beneficiaries.
As corporate trustee, we provide in-depth policy management and trust reporting services.
Trust Administration
- Notify grantors when premiums are due
- Handle Crummey notices to beneficiaries
Policy Reviews
- Annual policy reviews to identify performance issues
- Analyze new or replacement policies for risk prior to acceptance into trust
Policy Management
- Ensure that premiums are paid
- Ensure that policies are in good standing
Trust Management Reporting
- Generate comprehensive reports on all trust activity
- Simplify internal and regulatory audits
Policy Remediation
- Provide solutions for troubled policies, changes in premiums and riders
- Appropriate documentation to mitigate liability
Branded Client Communication
- Customize all grantor and beneficiary communication with your branding
CHOOSE THE LARGEST CORPORATE TRUSTEE TO PROFESSIONALLY MANAGE YOUR CLIENTS' ILITS.
Choosing the right corporate trustee is essential when helping your clients set up an ILIT to protect their life insurance assets. With Life Insurance Trust Company, you’re partnering with a team of professionals solely focused on the unique complexities of ILIT management. Our expertise ensures that your clients’ policies are administered seamlessly, from handling premium payments to meeting strict compliance requirements
Life Insurance Trust Company is the largest manager of life insurance trusts in the country
Administered
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