With every product release or reprice, we quickly provide detailed and unbiased analysis overviews. This invaluable service enables your team to focus on responding to the market changes, instead of monitoring and possibly missing them.
LifeTrends gathers the data most important to you. Our Benchmarks include: premiums, distribution amounts, cash surrender values, guarantee years, internal rates of return, target premiums and other key data points that help you fully understand the competitive positioning of products for 30+ life insurance companies.
Beyond the data, LifeTrends gathers feature and rider information that is most important to you. Our Features include: interest bonuses, caps, interest rates, rolling targets, term conversion language, and much more. Rider information is taken directly from producer guides, illustrations and prospectuses, and made available for the over 250+ products we benchmark.
When it comes to analyzing products, our resources extend far beyond the benchmarks. Our data is pulled together and analyzed via three different reports – Product Snapshot, Scenario Overview, and Product Comparison.
Beyond the benchmarks, we provide higher-level industry analysis on topics that cannot be spreadsheeted. See the below excerpts from our industry white papers.
Additionally, we expand upon the benchmarks by staying on top of the trends to help our partners market and position new selling concepts.
PRECalc (Policy Review Estimator Calculator) was designed to help brokerage agencies quickly and accurately review inforce policies. Using this tool, one can identify potential policy replacement options using 1035 amounts to solve for: 1) paid up death benefits, or 2) ongoing premiums required to meet a specified death benefit. With PRECalc’s proprietary calculation method, the results will uncover products that will most likely provide the best replacement options.