KEY STRATEGIES AND HELPING THE UNINSURED
Silver Rock Partners is an established firm with a solid footing in the various aspects of life insurance for individuals with significant health problems. Today more than ever before a major concern among affluent and high net worth individuals is the challenge of paying substandard rates because of preexisting or current health related issues. Simply stated, a risk is considered to be uninsurable if an insurance provider is unable to calculate reasonable risk for a client. When an insurance provider is unable to determine a premium that an individual should pay they typically will not insure that person. Silver Rock Partners provides clients with the best opportunity to address this concern. Those with underwriting issues due to health challenges turn to us for creative and measurable results.
WHAT CAN AN UNINSURABLE PERSON DO?
One of the primary strategies used by Silver Rock Partners to assist those who are otherwise considered to be uninsurable is to simply locate and secure quality life insurance products. One of the ways that our firm makes this possible is through building relationships with and utilizing a large number of nationwide carriers. In short, we make options available to high-net-worth clients, foreign national clients and others that would otherwise not be available. In recent years many individuals have increasingly been turned-down by other firms for one reason or another and left to assume that they are for all intents and purposes uninsurable. Silver Rock Partners cuts through the confusion by maintaining a working relationship with the country's top 60 insurance companies. In addition, we maintain an in-house medical director who helps position our clients' medical issues in the most favorable light to our insurance carriers. This enabled us to secure significant amounts of life insurance coverage for those who previously believed themselves to be uninsurable.
HOW IS IT POSSIBLE TO INSURE THE UNINSURABLE?
From the perspective of underwriting, the clients of Silver Rock Partners are in many ways viewed more favorably by insurance carriers. Because of sheer size and the number of relationships that have been established by our firm over the years, we are remarkably qualified to assist those who believe that they may be uninsurable. High-net-worth individuals and those with substantial assets in search of fairly priced life insurance in spite of any health related issues, conditions or concerns trust the Silver Rock Partners name.
There are indeed a large number of life insurance products for the uninsurable that are available and that often go under the radar. Products intended specifically for those with health problems or for those who are in poor health can be found by choosing to work with a Silver Rock Partners adviser. Clients who have been told that they are uninsurable should know that this is not always an accurate assessment. This is especially true with regard to clients who even have health problems and that can be expected to live a long healthy life otherwise. From cholesterol concerns to high blood pressure and depression as well as asthma and diabetes along with other conditions, there are many factors that must be considered when custom tailoring a policy for anyone who is considered uninsurable.