Bringing ICOLI Experience And Expertise To Your Business
Insurance company-owned life insurance (ICOLI) is an effective way to position assets to finance benefit costs in a tax and capital advantaged way. The MBS Financial team has deep experience in ICOLI products and can help you objectively evaluate your options, choose the right team of providers and simplify administration. From conducting a benefit cost analysis and exploring structure options to overseeing implementation and reporting, we can help you every step of the way.
A National ICOLI Leader
As an independent consultant, we bring insights, expertise, and objectivity to your search for the right ICOLI program and providers for your business. Working with MBS, you get deep expertise that can help you gain a measurable business benefit.
Extensive Experience
And Deep Relationships
We have worked in the ICOLI and benefits industry for decades and have built strong relationships with many providers.
Independent
And Unbiased
Our objectivity can help you make the best decisions for your business. We identify provider options and help you assess them based wholly on your needs. We are open to the best fit partners and welcome competition among providers.
Full
Transparency
From insurance product pricing and negotiating purchase details to how we are paid, you will always have a clear understanding of what to expect.
Long-Term Client
Relationships
Our 21-year average client tenure speaks volumes about our commitment to ongoing support and continuous improvement. We’re with you through every step and beyond.
ICOLI Expertise By The Numbers
12
Insurance Company Clients
21
Years Average Client Relationship
$5.9 B
ICOLI Cash Value
4,232
ICOLI Policies
How ICOLI Works
ICOLI is a life insurance policy purchased by an institution on the lives of its key employees to offset benefit costs.
- The corporation (or trust) is the owner and beneficiary of the policies.
- ICOLI can reduce the cost of offering all types of benefit plans.
- It receives favorable accounting treatment relative to taxable investments.
- It can reduce and eliminate taxes on invested assets, increasing returns and shareholder value.
- Offers favorable risk-based capital treatment.
- Differs from retail life insurance in that it offers institutional pricing, is immediately accretive to earnings, and is guaranteed issue (no medical underwriting necessary).
Supporting Your
ICOLI Needs
MBS Financial specializes in helping companies use institutional insurance to finance employee benefits. We have long-standing relationships with insurance company partners who we select for their financial strength, product diversification, and superior service. Our clients have access to exceptional ICOLI options.
We help clients with:
- Existing ICOLI audit & benchmarking
- Pre-purchase benefit cost analysis & product study
- Employee communication and consent
- Guaranteed issue negotiation with insurance company
- Policy paperwork preparation
- Compliance with regulatory guidelines
- Annual ICOLI and benefit review
- Ongoing monitoring of insurance company performance
- Legislative and regulatory updates