AComprehensive ILIT administration solutions for trustees
Our ILIT administration solution reduces the cost and risk of administering trusts and managing policies while delivering superior results for grantors and beneficiaries.
See why ILIT trustees, including over 300 banks, trust companies, law firms, and insurance companies outsource to our team of trust administrators, life insurance experts, and underwriters.
tolimonitor by ITM is a comprehensive solution for ILIT trustees. From policy reviews, to gift and Crummey notices, to solving complex policy issues, our professionals service your life insurance trusts.
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
Reduces the Cost and risk of Administering Trusts and Managing Policies.
Mitigate Risk
On average, 30% of policies will need remediation each year. Identifying the problem is simply the first step. Our team successfully remediates the cases, satisfying grantors and beneficiaries and while avoiding potential liability with clients.
Redeploy internal resources to more profitable areas of your organization and allow our team of life insurance experts service your life insurance trusts.
Our Irrevocable Life Insurance Trust Solution Helps Banks and Trust Companies Mitigate Liability.
With tolimonitor, you remain trustee of your ILITs while our life insurance experts, trust administrators, and underwriters handle the day-to-day administration work. With our team reviewing and managing policies for optimal performance and remediating troubled policies, your team can focus on other client needs while knowing that your ILITs are in good hands.
Customize with add on solutions for asset allocation and annuity reviews.
Annuity Review
In-depth review on contractual provisions
Identify performance issues of an annuity
Asset Allocation
Manages the investment component of variable life insurance and annuity contracts
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no longer watn to serve as trustee for ilits? ask how litco can be your strategic partner for new and existing ilits.
Life Insurance Trust Company provides a simple solution for banks, trust companies, insurance companies, advisors, and attorneys who no longer want to serve as trustee for some of all of their Life Insurance Trusts. LITCO focuses solely on ILITs, making our team your expert partners in trusts.
To learn more about how tolimonitor and LITCO can help you mitigate your ILIT liability, contact our sales team or visit our life insurance blog section to browse through relevant topics and learn more about our solution.