We work with a number of approved insurance carriers that have specific solutions designed for High Net Worth individuals to ensure that the estate passes on efficiently to the next generation. How does it work? The insurance carrier assess the client after receiving a medical test that determines the approx premium for the individual client. […]
November 10, 2025 
InsightsThe insurance carrier assess the client after receiving a medical test that determines the approx premium for the individual client. The insurance carrier will invest the premium for the individual client in either (a) a conservative investment portfolio comprising of mainly corporate bonds, real estate, and blue chip stocks or (b) an equity portfolio. The insurance carrier will credit a yield/return to the premium annually. There is a minimum guarantee to the policy regardless of market movement. In effect, the policy has a savings component whereby the individual client can cancel the policy and realize any gain when they deem appropriate. This differs tremendously from retail/regular term life insurance which extends to but not beyond the age 65 or 75, i.e. this is when the individual client needs it most. The retail/regular life insurance policies do not have any cash value attached to it, and it operates like car/home insurance payments, simply out of pocket expenses to the individual client.
There are various ways to pay for this life insurance: you can either pay a single premium or spread the payments over a specific number of years. If needed, the individual client may raise the premium through a facility offered by their private banks. The unique feature of this solution is the majority of private banks can offer finance using the policy itself as collateral. Most loans require the borrower to put up collateral. In the event of the unfortunate event, or if the individual client decides to cancel/surrender the policy, the private bank will simply take back the principal from any proceeds. The true cost to the individual client is the annual cost of servicing the borrowed loan amount from the private bank. The premium financing aspect is independent to the life insurance, and the cost of borrowing is to be determined between individual client and the private bank.
Moreover, the private bank will hold a portfolio that generates a fixed return to service any interest from this loan.
This is not the only option of payment for the individual client, who can also choose to spread the premium over a specific number of years for example a 10 year pay premium plan. In this way, the individual client has the ability to overfund premiums at any point making this option more attractive and flexible. Some clients will consider financing after 3 years of annual payments as this itself will build up the individual client equity within the policy.
Individual clients must eventually turn their minds to wealth preservation. Liquidity and estate planning becomes necessary as there may invariably be issues that arise such as probate and inheritance tax.
As a wealth management tool, the use of the liquidity of the life insurance can be used to address how the wealth and business can be smoothly equalized and transferred to the next generation.
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Salah Mattoo is an experienced international lawyer and accomplished executive, currently serving as General Counsel and Head of Compliance. He specialises in dispute resolution, corporate and commercial transactions, regulatory compliance, and internal and external investigations across multiple jurisdictions.
Salah has acted in a range of high-profile international arbitration and cross-border litigation matters, representing corporate clients, sovereigns, and institutions in complex, high-stakes disputes. Salah's background includes advisory and leadership roles in sectors such as insurance, private equity, financial services, defence, commodities, energy, technology, and infrastructure.
In addition to his disputes practice, Salah has led the design and implementation of robust compliance programs aligned with international best practices, including AML, anti-bribery, sanctions, data privacy, ESG, and whistleblower frameworks. Salah regularly advises executive teams and boards on legal risk management, governance structures, and regulatory strategy.
With a strong track record in both contentious and transactional matters, Salah combines legal precision with strategic insight to support businesses navigating regulatory complexity and international growth. Salah is qualified in England & Wales, DIFC and ADGM. He has acted as lead counsel in international commercial courts, as well as in many international arbitrations seated in the leading arbitration centers, including Abu Dhabi, Dubai, Geneva, Hong Kong, London, New York, Paris, Riyadh, Singapore, Stockholm, Tokyo, Vienna, Washington and Zurich.
Salah holds a B.A. from University of California, Berkeley and an L.L.B and L.L.M. from The London School of Economics and Political Science (University of London).
Dubai · Geneva · Hong Kong · London · Singapore
Imran Khan is a seasoned expert in private wealth planning and jumbo life insurance solutions, with over 10 years of experience advising ultra high net worth individuals (UHNWIs), families, and family offices across multiple jurisdictions. With a deep understanding of global wealth structuring, legacy planning, and asset protection, Imran is recognized for delivering highly customized strategies that align with clients personal, business, and multigenerational goals.
Throughout his career, Imran has worked closely with private banks, trust companies, and legal advisors to design and implement sophisticated structures involving international trusts, foundations, holding companies, and life insurance-based estate equalization plans. His expertise includes:
Imran holds specialist accreditations in wealth planning and international insurance advisory and is a trusted advisor to clients across the Asia, Europe, Middle East and UK. Known for discretion, technical proficiency, and strategic insight, he has built enduring relationships with UHNW families seeking to preserve and grow their legacies in an increasingly complex regulatory environment.
Dubai · Geneva · Hong Kong · London · Singapore