We issue Private Placement Life Insurance and Annuity policies to high net worth global (non-US) individuals, family offices and corporate clients.
For an individual, the minimum net worth required to be an eligible client of Lighthouse is US$5 million.
Our success is best reflected by the fact that Lighthouse maintains over US$1 billion of in-force insurance policies as detailed in our latest audited financial statements.
All the policies issued by Lighthouse are Private Placement policies, which means that they are only available to high net-worth individuals and not by way of any public offering or retail distribution network. Our principal policies are:
Variable Universal Life Insurance
Aimed at providing cost-effective custom global investment flexibility, a variable death benefit that is tax-free in most jurisdictions and legitimate asset protection for the policy owner and beneficiaries.
Designed as a retirement planning solution, variable annuities can provide immediate or deferred payments as desired by the policy owner. Like variable life insurance, variable annuities provide cost-effective custom global investment flexibility and legitimate asset protection for the policy owner and beneficiaries.
Lighthouse is by design a ‘boutique’ company capable of responding to the particular circumstances of each individual client; while at the same time being supported by large institutional service providers and recognised experts.
In this way we provide the very best team approach that typically results in specifically customised insurance policies designed to achieve the wealth, financial and tax planning objectives of our clients.
It is important to emphasize that Lighthouse does not provide tax, legal or investment advice and independent professionals must represent a prospective Lighthouse client.
Lighthouse requires extensive underwriting information from a prospective client and will conduct a complete global compliance/due diligence review that is designed to meet the ‘high-water’ requirements of The Cayman Islands, the OECD and the United States. Additional medical data and testing is required for a proposed life insured.
The Cayman Islands
Lighthouse is licensed and regulated by The Cayman Islands Monetary Authority.
The Cayman Islands legal system is particularly well-suited to private placement insurance.
Our team possesses considerable experience in the use and structuring of insurance products and has many years’ experience of working with wealthy clients and their advisers.