Two leading financial institutions participate in the Endowment For Life program. The first, one of the world's leading banks, is active in over 50 countries and employs approximately 40,000 people worldwide. This institution participates in the Irrevocable Life Insurance Trust with the insured.
The second financial institution, a major force in U.S. banking, fulfills the important role of Trustee for all Irrevocable Life Insurance Trusts that are created.
The key to the Endowment For Life program is the creation of an Irrevocable Life Insurance Trust. The participants in the trust are the insured and two financial institutions. The second financial institution acts as the Trustee of the trust. And, the insureds' select a Protector.
In addition to two of the top rated financial institutions in the world, this program is underwritten by several top rated insurance companies in the U.S. All of these insurance companies, which maintain significant presence in all fifty states, welcome the opportunity to underwrite the donors.