Understanding the Impact of COVID-19 & the Lockdown on the Insurance Sector

COVID-19 Impacts on Insurance Sector

Apart from the healthcare industry, one of the core sectors that have amplified their importance during the harsh times brought upon by the COVID-19 pandemic is the insurance sector. It has proven itself as a core player in the development and resilience of the economy throughout the US.

With lockdown restrictions implemented all over the country starting from April 9th, insurers have been forced to work remotely[Mac191] . This has forced digitization for some who weren’t necessarily looking forward to it, while others have taken this as an opportunity to innovate systems.

All interactions with consumers have now moved to digital channels, thus having significant impacts on behavior of both, insurers and the insured. This shift has raised many questions, one of the major ones being that could COVID-19 actually be the “catalyst” the sector needed towards the long-term betterment of the system? Or is this just a mere “opportunity”?

And are the impacts short term or long term?

Here, we shall discuss some of the impact of COVID-19 on the insurance sector and how it impacts the quality of life of families involved.

Understanding the Impact on the Insurance Sector of COVID-19 & the Lockdown

Premium Reduction

Insurance companies across the United States have started offering discounts for existing and new customers to mitigate the impact of Coronavirus. Some companies have also started offering partial refunds as the situation becomes direr.

While all this sounds very appealing to customers and their quality of life, it is not a quick-fix scheme. Insurance providers will have difficulty justifying these refunds and discounts once things start to settle – especially if there are claims for even 60% of the people who took those discounts.

Usage-Based Insurance (UBI)

COVID-19 has brought to life one of the time-old problems people have with the insurance sector:

“How will insurance companies ensure that rates given to me are fair?”

By February, or even the start of March, no one was certain that there would even be a lockdown. This is an extreme measure and nothing like our day-to-day asset security or driving hazards. This presents a threat for insurance providers as to how they’ll be able to tackle the increased risk level and what impact it will have in customers’ premiums.

This question has led to the whole insurance sector leaning towards the usage-based insurance (UBI) model. Taking motor vehicle insurance as an example, the insurance package in this model depend on:

  • How much the car is driven (Pay As You Drive (PAYD))
  • Your driving behavior (Pay How You Drive (PHYD))

Increased Demand for Protection

After the SARS (Severe Acute Respiratory Syndrome) outbreak (2003), countries (such as Hong Kong) saw a sharp increase in the number of providers as the demand for business protection increased, and a similar trend is expected post COVID-19.

In fact, the situation develops and despite the virus being out there, economies ‘reopening’ have resulted in a rise in demand for life insurance (an increase of 30%). Online portals and digitization have played an important role in this increase.

Value of New Business (VNB) Pressure

Looking at history, during SARS outbreak, existing policyholders surrendered their unit-linked insurance policy (ULIP), leading to a positive medium-term change in product mix. According to Avinash Sing, a senior analyst,

“Insurance sector would see short-term pressure on VNB due to sluggish business growth post Covid-19. However, overall margin would be broadly stable as high margin protection continues to outgrow savings.”

Conclusion

When looking at the insurance sector under the COVID-19 situation from a bird’s-eye view, a few impacts are evident:

  • Life insurers will see growth in policy sales (short term)
  • New business will see a negative hit
  • COVID-19 has ushered an era of digitization; welcomed by some and thrust unto others
  • Demand for pure protection product will lead to more uncertainties

All that said and done, neither party (the providers nor the families) get the better end of the deal due to COVID-19. Some aspects are in favor of providers while some are in favor of families. At the end of the day, it’s all about perseverance for both parties – and with the wheels of economy starting to slowly turn, there is no telling what uncertainties may rise for the insurance sector and quality of life for families.

If you’d like to learn more on the topic, don’t hesitate to get in touch via email or call today. Or if you have something to add, let us know down in the comments!


 [Mac191]Link to “The Efficiency of Remote Insurance Agents During COVID-19 Lockdown”

Types of Insurance Fraud and How to Look Out for Them

Types of Insurance Scams

Insurance fraud is one of the leading causes of financial instability and stress for families all over the United States. According to the FBI, insurance scams end up costing somewhere between $400 to $700 per annum to the average American family on insurance premiums.

This might not seem alarming, but the figure stacks up. To give perspective to that, consider that after the hurricane Katrina, $80 billion were provided by the government to mitigate damages. Out of this, $6 billion were lost to insurance fraud within 3 months.

“When it comes to insurance fraud prevention, you have to jump into the mind of a conman – beat them at their own game.”

There are numerous types of insurance frauds and here, we’ll go over some of the more common ones and how families can adopt insurance fraud prevention techniques to shield themselves from them.

Types of Insurance Fraud

As mentioned above, insurance scams can take many shapes, forms and names. However, when you look at it from a bird’s eye view, they all fall into four broad categories:

  • People scamming insurance agents for personal gain
  • Insurance agents scamming families
  • People setting up elaborate schemes to make money off someone else’s insurance
  • Selling insurance without a license and refusing payments when demanded

Here are some examples of insurance scams to show you how they can fall into these four categories:

  • Identity theft
  • Employee-agent fraud
  • False claims
  • Misrepresentation of amount payable by agent
  • Faked death
  • Insurance company fraud

Looking Out for & Preventing Insurance Fraud for Families

If you’d like to read up on some very shameful insurance fraud scams, the Insurance Fraud Hall of Shame is a very useful resource, as it can help you prepare for if you ever become victim to something like this.

Here are some examples to consider

  • Identity theft, where identities of addicts were stolen to claim over $175 million in health insurance claim.  
  • A parent continued collecting disability checks after her son died. She had faked the disease as well.
  • A salon owner burned his salon down and claimed $40,000 as insurance. The fire resulted in the deaths of two firefighters.

False Claims

This is one of the most common insurance frauds and can range from car accidents, faked deaths, staged circumstances to much more. Insurance scammers usually attack families by jumping in front of their cars, attempting to claim damages.

People might hit your car with theirs as well, perhaps by break-testing in the middle of the road or driving straight into you with a ‘staged’ witness.

One surefire way to prevent this insurance fraud is to install a dashcam in your car.

As for slip and fall claims, you might have to install cameras on your property. Just make sure you are taking the necessary precautions if doing any construction at your place.

Inflated Claims

With the frequency of natural disasters increasing by the decade, so is the frequency of inflated claims. Take the Katrina example mention above, for instance.

Inflated claims are also particularly popular if someone gets injured because of perhaps the angle of your window (sun shining into their eyes), an animal in your lawn, or even an accident where you actually are at fault.

Here, insurance scammers demand for a sum much higher than what is owed. You can avoid this by remaining vigilant and performing due diligence in regards to the damage incurred.

Insurance Company Fraud

This goes without saying, insurance fraud isn’t exclusive to individuals but is also committed by agents or agencies. These include:

  • Premium diversion
  • Fee churning
  • Underwriting, etc.

To prevent insurance fraud by agents or agencies, it is a good idea to check the licensure and reviews (if available) of the insurance provider before signing up with them. Trustworthy insurance providers are hard to come by and it might take some effort to find them, but once you do, you can rest assured that you’ll be treated right.

Legacy Armour is one such trustworthy insurance provider who doesn’t just offer you and your family good premiums, but also looks out for insurance fraud on your behalf! So get in touch today to learn more about our processes and how we can help you identify and prevent insurance fraud.

Steps Towards Preventing Insurance Fraud

Fraud Prevention Steps

In 2016, there were more than 1,800 fraudulent insurance claims which put strain on insurance fraud investigators’ already strenuous job. According to a report by the State of Insurance Fraud Technology, this figure increased exponentially from 2016 to 2018.

Unfortunately, it takes a long time for an insurance fraud to be proven in court, which is why there’s a saying;

“Insurance fraud is like a disease, and as with any disease prevention is better than cure.”

Here, we will highlight some steps insurance agents can take to prevent insurance fraud, not only against yourselves but against your clients as well.

Preventing Insurance Fraud

1.    Formulate A Fraud-Detection Framework & Strategy

The idea behind fraud-detection strategies should be to make a foundational framework out of it which can be implemented company-wide. It could either take the form of an automated software that uses institutional knowledge towards identifying which claims are real or not and manage workflow accordingly. It could also include a full social networking analysis of involved parties.

It’s up to human insurers or insurance fraud investigators to conduct relevant research accordingly, which might include;

  • Scoring engines
  • Third-party data
  • Criminal history, and other tools.

The three steps of insurance fraud investigation should always be followed; i.e., recognition, identification, and investigation of suspicious claims.

2.    Know the Likelihood of Insurance Fraud

If you have a limited budget, it is important to know when to dispatch fraud prevention agents and where to focus them. One way of doing that is by conducting area-specific research involving the suspicion and likelihood of fraud. Identify whether criminal or cultural fraud is more common in a certain area and take actions accordingly.

It is important to keep an eye on unclaimed insurance benefits, too, since that’s what identity thieves usually go after. Data analytics can help in this case. Use the ‘suspicion score’ to your advantage here.

By implementing an automated framework and combining it with data analytics, all that remains in terms of fraud prevention is making sure your insurance fraud investigators are on their toes.

3.    Reviewing Claims

Any insurance company, be it small or big, must always know which claims to target, at what time, and with what tools. Fortunately, this step can also be automated by implementing predictive modeling and advanced analytics into the mix of your framework.

Or you could continue working on it manually if you’re short on budget but have sufficient manpower.

As you review claims and continue to rescore claims, analyze and revise (if need be) the Suspicion Scores. This will help you prevent fraud by highlighting patterns that you would ordinarily miss.

4.    Adopting A Layered Approach & Revising

There’s a reason why you read the term “due diligence” over and over again when on the road to become an insurance agent. Due diligence must also be done when taking steps towards fraud prevention.

No one tool is enough to tackle the ever-changing world of insurance fraud, therefore different and ‘newer’ fraud-detection tools should be created and implemented into your framework from time to time.

This is known as adopting a layered approach – should a fraudster get past one layer, the other shall detect it, allowing you to take preventive measures. These tools must be reviewed and revised as new laws and guidance principles are implemented.

With all that said and done, one of the most important steps insurance companies can take to prevent fraud is be vigilant, be smart, and always be ready. Disaster doesn’t ask before striking, so you shouldn’t wait for it.

If you need any clarification or further help in regards to fraud prevention, we recommend you get in touch with us via call or email. We’re always eager to help!

Things to Consider When Choosing an Insurtech Technology

A man

The entry of insurance technology in the insurance value chain has come with a lot of benefits for all stakeholders involved. For insurance companies, embracing insurtech is the right way to satisfy the expectations of their clients. If you haven’t integrated digital tools in your business, here’s your time to do so. In this article, we’ll have a quick look at the things that you must consider when choosing  insurtech technology for your business.

Things to Consider When Choosing an Insurtech Technology

1. Human Capital

Implementing digital tools to grow your business seems like an easy task, but it, too, comes with a lot of challenges. Also, your employees who have the habit of doing things the traditional way will also have a hard time making use of digital tools. Keeping this in mind, it is crucial that you invest in human intellectual capital. This means that you should hire people who are tech wizards and who can help you implement the newly bought tools in a better manner.

2. AI

AI in insurance companies has been revolutionary and has made almost every step a lot more efficient. When you are choosing insurtech technology to grow your business and help people carry out their legacy planning in a better way, you should go with the tool that uses AI and machine learning to provide specialized functions.

3. Blockchains

The reason for your transition to digitization may relate to the cost of operating your business. The blockchain technology will help insurers handle payments securely. It also ensures that all of the information shared with the insurance company is fraud-protected and is easy to verify. The feature will also benefit reinsurers who wouldn’t have to go through lengthy processes to verify their insurance history, etc. The time and cost saved through the technology will help you get other things done.

4. Cybersecurity

When embracing technology, insurance companies should be mindful of the challenges that come with them. Since people will be sharing a lot of confidential information over the internet, it is the prime responsibility of the insurance companies to take steps to ensure data security.

5. Using the Mobile Channel

The number of mobile users has been increasing at a fast pace. Many people have stopped using desktop computers and now use their mobile phones to access the internet and other applications. When you consider using digital tools to grow your business, make sure that whatever platform you create is easily accessible through a mobile phone. This will help you reach more customers.

The Final Word

The importance of insurance companies cannot be denied. Given the volatile economic situation in the country, it is crucial that every person thinks about securing their assets. It is also the responsibility of insurance companies to offer premium functions and tools to clients that help them secure their assets in a better and effective way. The digital revolution means that companies should be paying attention to choosing insurtech technology to support their business growth. This article will help companies identify the factors that they have to look into when they are transitioning.

How to Effectively Plan and Protect Your Assets; Digital and Tangible

Insurance document

What will happen to your asset after you die? This is a major concern for a large number of people. To ensure that your assets remain protected and are distributed to their legal heirs, you should effectively plan to protect your assets. And while most people do the arrangements for the protection of tangible assets, they conveniently forget to secure their digital assets. Here, we will learn how you can protect all forms of assets and secure the future of your family.

How to Protect Your Digital And Tangible Assets

1. Start Early

Bad things can happen at any time. This is why it is important to act early when it comes to making provisions for protecting your family and the estate. For effective legacy planning, you should start your search for the right insurance plans that offer proper coverage.

2. Use Retirement Accounts

While getting insurance is a good way to protect your assets, you may go with setting up retirement accounts. Federal laws offer unlimited asset protection to ERISA-qualified retirement plans. They also provide protection up to $1 million in assets in an IRA in case of bankruptcy. Find out what laws in your state say about asset protection and consider using retirement accounts.  

3. Take Care of Your Digital Assets

For a long time, assets protection was mainly restricted to tangible assets. With the digital revolution, there has been a rise in digital assets that also need to be protected. Here are some steps that you may follow to protect your digital assets:

  • Make an Inventory; The first step that you have to take in order to save your digital assets is to make an inventory of all your digital assets. Also, jot down the list of usernames and passwords that you use to access these assets. Password management applications such as LastPass can help you keep track of all your digital assets. Keep the list in a safe location and provide instructions to relevant people and explain how to access it and get into the accounts.
  • Digital Assets to Your Estate Plan; Just like your tangible assets that remain in a safe, your digital assets will remain locked and inaccessible if you don’t provide your fiduciary with detail instructions regarding what should be done with each asset. However, don’t provide your login credentials in estate documents that are read by others or else you will risk losing exposing your confidential information.
  • Service Providers’ Access-authorization Tools; In the world of social media, everyone has a designated account on different social networking sites. Many service providers such as Facebook, Google, Instagram, etc., have introduced different tools that let you designate access to someone else in case of your death.

The Final Word

Technology has been evolving rapidly, resulting in innovations of new products. Digital assets were never considered in estate planning for a long time. With time, people have started planning for the protection of digital assets as well. We hope that these few tips would help you start planning for your assets.  

Why Should You Embrace Insurtech for Estate Planning?

Estate planning

You are the sole breadwinner of your family and running your household with your regular income. You are working hard to keep your family happy and satisfied. Have you ever considered what would happen to your happy family in case of your unexpected death or your life-long disability? Have you thought about legacy planning at all?

This is a question that haunts almost all heads of the families. If you are concerned about what would happen to your family after you’re gone, your focus should be on after-death planning. With the help of the digital expertise of insurtechs, estate planning or legacy planning has become quite easy. LegacyArmour is one of the most renowned legacy planning platforms that makes sure that your beneficiaries receive wills, your bank account information, etc., after you have passed away. Here’s how LegacyArmour, which uses this new technology of fintech for legacy planning, can help you with your financial planning:

1.   Secured Information

LegacyArmour uses the same end-to-end encryption standards used by the US government to secure top-secret documents. This means that only intended recipient(s) can viewed the data you entered on the site. Once you have made your account on the portal, you can safely upload important files and wills on the site and enter the information of the designated recipient(s).

2. Increased Scalability

Life is unpredictable and complex. Every other day, you have to face new challenges. These challenges are what often make you bring changes to your insurance plans. It could be a new policy that you are considering buying or any other related stuff. With the help of the LegacyArmour platform, you can make the changes quickly. The platform will convey any changes you make to existing vaults to your account manager in a timely manner.

3. Strategic Data Usage

Through the use of this platform, you can determine the time and date when your beneficiaries will be able to have access to your valuable assets. When creating vaults on the portal, you need to fill in the information regarding when the vault should be delivered and to whom.

When it comes to the time of delivery, you have two options. You can either set a date of delivery (for example, you can set that the vault is delivered to your child on their 18th birthday, etc.) or specify the delivery of your vaults upon your death/incapacitation. For the latter, you will have to define a contact method and contact frequency. For example, you can ask for weekly text notifications. In case of no response, your vault will be delivered to your designated recipient(s).       

The Final Word

Every year, millions of dollars in insurance benefits, dormant accounts, social security, etc., go unclaimed because their beneficiaries have no idea that they existed. Even though lawful beneficiaries can claim these assets, they will have to pay hefty attorney fees to file a claim and prove that they are the designated owner of the assets left behind. It is, therefore, advisable to pay attention to after-death planning as early as possible.

How Insurance Agents Can Integrate Digital and Offline Marketing

Insurance marketing

In the current digital age, having an online presence is crucial to all organizations. The advent of insurtech in the insurance industry has helped many organizations scale their operations and grow their customer base. Therefore, insurance digital marketing is a great way to take your business to the next level.

These days, people spend most of their time online. In fact, before they reach out to any business, they tend to read about it online. In this article, we take a look at how you, as an insurance agent, can combine the traditional methods of marketing with digital marketing to increase your revenue flow.

How to Combine Digital And Offline Marketing Strategies

For insurance companies, increasing sales revenue has always been a challenge. Not every sales strategy can lead you to the right customers. This is why it is important to exhaust all available options to maximize your sales.

1. Combine Social Media with Live Events

If used properly, social media can turn out to be a great marketing tool for your business. Its different features allow an organization to have a real-time connection with their clients or prospects. Combining social media with your live events is a powerful strategy that will help you build strong relations with your clients. For the optimum use of social media, here’s what you should do:

  • Create an event, a page, or a post on popular social networking sites, such as Facebook and Twitter and provide all the relevant details about the event. Don’t forget to include a link for event registration in the post.
  • During the event, encourage the participants to share their experiences on social media using a hashtag.
  • Once the event is over, share the event pictures on your social media profiles and tag the people who were present there. This is a simple but effective strategy to reach out to a large number of people.

2. Relationship Marketing

Spamming a client’s inbox with promotional messages will not get you any response. On the other hand, relationship marketing is a more effective method to build a connection with your clients. Using the information logged by your clients, you can send personalized messages such as holiday and birthday greetings to your clients. Loyal clients, with whom you have established a strong relationship, will not only be willing to work with you in the future, but they are also more likely to refer you to their friends and family. This way, you can increase your client base through your existing clients.

3. Digital Campaigns and Referrals

Many people hesitate while asking for referrals from their clients. To overcome this hesitation, the best way is to use digital tools to ask for referrals. Here’s how you can do it:

  • Create high-quality digital content and share it on your profile to reach out to your existing audience. Your audience is likely to share meaningful and valuable content that talks about financial planning, legacy planning, etc., shared by you.
  • This act of sharing is an endorsement, making your client’s family and friends reach out to you.

To reach out to more people, you can use the feature of social sharing for sales. For this, you must share a credible article from a reliable site. For example, if you are selling health insurance policies, you can share an article such as, ‘5 Best Foods for a Healthy Heart’. When your target clients click on your share, the article will appear on the left while on the right hand side of the page, your prospects will see the call-to-action or CTA. The CTA is designed to convince online visitors to reach out to you and learn more about your services.

The Final Word

By following the online and offline marketing tips mentioned above, you can reach out to more prospects and take your business to greater heights.  

3 Reasons Why Customers Should Buy Products from You!

LegacyArmour Advisor Dashbaord

Insurance can be a complicated purchase. Clients are buying a promise of protection that could potentially make or break their financial well-being which can be stressful. How do they know that you’re the right choice as their agent? Are they getting the best value for their money? 

Here are three reasons you can tell your clients why they should buy from YOU, their trusted long term advisor!

Legacy Planning
Reason 1: You Are Their Personal Advisor

You take the time to listen to your client and understand their individual needs. They know it’s not just about finding a price they can afford; it’s also about making certain they are appropriately covered. You provide them with tools to ensure protection is for ALL of their assets, and  LegacyArmour is the premier protection tool.


Reason 2: You Are Their Advocate

If they have a billing or claim concern, or they need to change coverage, you can be their advocate, working with the insurance company on their behalf. With LegacyArmour, your brand & contact information is right in front of them and they can contact you easily using the  Contact Advisor  Button.


Reason 3: You are their one-stop consultant for a lifetime

With your diversified portfolio, you meet all of your clients’ insurance needs with the companies you represent, providing auto, home, renter’s, life and health insurance as well. Now you can offer LegacyArmour  with additional benefits such as access to your own insurance widget, protection of their financial accounts, an emergency health card, and access to estate planning templates!


Get LegacyArmour for your clients today! Give them the gift of added peace of mind and let us do the rest! Our service ensures that if something happens, we are responsive, and their loved ones will have access to everything they chose to protect.

You are compelling, distinguished from all competition, and most of all, you care! Find more about us here,  or connect with our partner for more information!

How to Start Legacy Planning

Photo by Alvaro Reyes on Unsplash

The unfortunate reality is that a lot of people get into the latter years of their life and wonder where it all went. Time flies by as we get caught up in the business of day-to-day life, and we often forget to stop and assess what’s going on. Legacy planning is a way to live with purpose and intentionally that can help navigate life, make decisions, and give time to what matters most. Admittedly, it’s not rocket science, but it takes time and concerted effort to set the course for your legacy on an intentional path. Start by answering these simple legacy planning questions and go from there.

What’s going on now?

Take an assessment of your life’s legacy. Do you have a job, mortgage, student loans, children? Perhaps you’re applying for colleges (and if so, we applaud you for thinking about this stuff now!) or jobs. Do you have enough savings? Inventory your life and write these things down so that you can begin to picture, in all its glorious detail, your life now.

Once you’ve got the basic overview, begin breaking it into categories and start asking questions? Are you who you want to be in those areas of life? If so, how can you continue, and if not what can you change? Encompass all areas of your life, like fitness, education, spirituality, family, health, and finances. What are your goals and aspirations? What is keeping you from pursuing them and how do you change? Remember, this is all about you living your best life, being intentional, and preparing for the future.

What do you need to prepare for?

At Legacy Armour, this is one of the central questions that drive what we do and the services we provide. We strive to help people plan for life’s unexpected events. Legacy planning requires you to ask and answer some pretty tough questions about situations that about which no one wants to talk. However, the reality is that everyone is better in the long run if you make these plans now. So here are just a few examples of the kinds of issues you need to have figured out.

Do you have enough life insurance? If you have children and something happened to you and your spouse, who do you want to take care of the kids? Do you have that stated in a will that sets up guardianship, trusts, educational funds, and other items that you don’t want your kids to have to worry about?

What about investments? What are your goals at retirement and are you saving enough money now? Do you have a comprehensive financial plan in place? Where does all of that go if something were to happen to you? How will those people get what you’ve set up for them?

Don’t Wait Until It’s Too Late

As alarming as it can be to have to think about these things, the alternative is much, much worse. Legacy Armour is devoted to protecting the legacy you’re building for your family and helping get the right information to the right people should extenuating circumstances occur. Check out our blog for more tips on how to be ready for what life throws at you, and take advantage of our free 7-day free trial to get a better sense of the value we can add to your life. And don’t forget to start life planning TODAY!

The Benefits of Asset Protection

Asset Protection

Asset protection is an important part of preparing for the future. You want to make sure that your family will be taken care of in case of your death or incapacitation. Here are a few benefits of asset protection.

Protect Your Loved Ones

What would happen to your family if something suddenly happened to you? It’s not something anyone likes to think about, but it’s important to plan ahead. With asset protection, you ensure that your loved ones have access to all the necessary documents and information they will need to live comfortably in the event of your death or incapacitation. Life insurance, in particular, is often left unclaimed simply because the departed’s family is unaware of the insurance or does not have the necessary information to file the claim. Asset protection ensures that your family is able to claim their insurance benefits after your death. With asset protection, you can set up access to your assets to automatically be released to your family.

Store Your Documents in One Place

One of the greatest things about asset protection is its ability to keep all your documents safe in one place. This includes your estate documents, assets, and medical records. Keeping your will and other estate documents in a safe and easy to access location will make things easier for your loved ones after your death. If your family doesn’t have these documents, the decision-making process will be difficult for them. Furthermore, asset protection ensures that things will be handled the way that you would have wanted.

Furthermore, asset protection can also include your personal medical records. In an emergency, you can automatically release your records to the appropriate parties. These medical records can also be extremely useful to your family members. It can even help them to avoid health issues of their own by recognizing patterns that they may not have known about. They will also be able to answer any questions that the doctors may have after your death.

Get Peace of Mind

Document related to estate planning, life insurance, medical records, and assets contain highly sensitive information. With asset protection, you can keep all of these highly important documents in one place with state of the art security. Legacy Armour uses techniques like zero-knowledge encryption and dynamic security site testing. You get to ensure that your information is completely protected until it’s time to release it to the appropriate parties.

There are many benefits of asset protection. Not only can it protect your family in case of an emergency, it can also make sure that all of your important documents are kept safe. Visit Legacy Armour today to learn more about asset protection and how you can protect your legacy.