Solutions for Trust Owned Life Insurance

LifeTrack™ is an independent life insurance policy review that meets regulatory compliance and fiduciary oversight requirements. The report is designed to identify and simplify all risk issues associated with life insurance and generates valuable management information.

Key Features

Client Testimonial

"Using RIC's insurance consulting services greatly helps us manage insurance held in our fiduciary accounts, increases our due diligence capabilities, and addresses the risks inherent with life insurance." - Senior Fiduciary Officer

Supplemental Policy Reviews

Pre-Acceptance Review

Identifies performance issues that may put liability on the fiduciary prior to accepting a policy in trust. Delivered within 48 hours of receiving policy information.

Replacement Analysis

Essential to protect the fiduciary on any policy where a replacement is proposed by the financial adviser and/or insurance agent. This detailed analysis compares the in-force policy and proposed replacement.

Annuity Review

An in-depth review on contractual provisions and identifies performance issues of an annuity

Asset Allocation

For variable life policies and annuity contracts, an asset allocation analysis is important for fiduciaries to meet prudent investment standards. The analysis determines whether a policy's asset allocation is appropriate given a policy's or contract's underlying characteristics including time horizon and level of funding.

RIC offers ILIT Administration Software that centralizes, standardizes and streamlines all administrative activities. Efficiencies are gained, administrative risk is reduced, and overall productivity is improved through DataTrack™.

Key Features


In addition to providing policy review services and ILIT Administration software, RIC’s team of life insurance experts can help Fiduciaries with any policy issue by providing customized solutions. For problematic policies, RIC commonly assists clients with:

  • Policy Restructuring Analysis and Various Funding Scenarios
  • Life Settlement Services
  • Replacement Analysis
  • Liability Mitigation Unexpected Lapse or Reduction in Benefits
  • Policy Appraisal Asset Transfer

No Hidden Agenda

Our entire focus is to provide risk management and administrative solutions for trustees and fiduciaries holding Trust Owned Life Insurance.

We do not market or sell insurance at RIC.

Get Started

Learn how you can mitigate your liability, meet your fiduciary duty and provide a value-added service to your clients. Contact us today to request information or schedule a demo