Whole Life Insurance Toolkit

Save time, empower your teams and effectively upgrade your processes with access to this practical Whole Life Insurance Toolkit and guide. Address common challenges with best-practice templates, step-by-step work plans and maturity diagnostics for any Whole Life Insurance related project.

Download the Toolkit and in Three Steps you will be guided from idea to implementation results.

The Toolkit contains the following practical and powerful enablers with new and updated Whole Life Insurance specific requirements:

STEP 1: Get your bearings

Start with...


• The latest quick edition of the Whole Life Insurance Self Assessment book in PDF containing 49 requirements to perform a quickscan, get an overview and share with stakeholders.


Organized in a data driven improvement cycle RDMAICS (Recognize, Define, Measure, Analyze, Improve, Control and Sustain), check the…


• Example pre-filled Self-Assessment Excel Dashboard to get familiar with results generation


Then find your goals...

STEP 2: Set concrete goals, tasks, dates and numbers you can track

Featuring 991 new and updated case-based questions, organized into seven core areas of process design, this Self-Assessment will help you identify areas in which Whole Life Insurance improvements can be made.

Examples; 10 of the 991 standard requirements:


1. Should it be the spouse, the estate, the executor of the insured, the trustee of either a lifetime trust or a testamentary trust established by the insured, or one or more individuals?
   
   

2. What are the tax implications if an employer owns a policy on an employees life and allows the employee to name a beneficiary for some or all of the death benefit?
   
   

3. What amount of money would be required to generate enough income, at conservative projections, to provide for all of potential expenses?
   
   

4. How can the owner of a life insurance policy receive a current income tax deduction for the value of the life insurance policy?
   
   

5. How do you measure the effects of premium variations on current and future years GAAP profits and on the sources of profits?
   
   

6. When selecting the amount of life insurance needed to protect the income stream of beneficiaries, what should be considered?
   
   

7. How do you analyze the effects of earned and credited rate changes on the current and the future years sources of earnings?
   
   

8. Which of your assets would you want your family to retain for sentimental reasons or for future growth possibilities?
   
   

9. Does the client need a supplemental individual policy or does the client have income to buy disability protection?
   
   

10. Should an insurer have a legal duty to check the existence of insurable interest at the time of the contract?
    
    


Complete the self assessment, on your own or with a team in a workshop setting. Use the workbook together with the self assessment requirements spreadsheet:


• The workbook is the latest in-depth complete edition of the Whole Life Insurance book in PDF containing 991 requirements, which criteria correspond to the criteria in...


Your Whole Life Insurance self-assessment dashboard which gives you your dynamically prioritized projects-ready tool and shows your organization exactly what to do next:


• The Self-Assessment Excel Dashboard; with the Whole Life Insurance Self-Assessment and Scorecard you will develop a clear picture of which Whole Life Insurance areas need attention, which requirements you should focus on and who will be responsible for them:
  
  


• Shows your organization instant insight in areas for improvement: Auto generates reports, radar chart for maturity assessment, insights per process and participant and bespoke, ready to use, RACI Matrix

• Gives you a professional Dashboard to guide and perform a thorough Whole Life Insurance Self-Assessment

• Is secure: Ensures offline data protection of your Self-Assessment results

• Dynamically prioritized projects-ready RACI Matrix shows your organization exactly what to do next:



STEP 3: Implement, Track, follow up and revise strategy

The outcomes of STEP 2, the self assessment, are the inputs for STEP 3; Start and manage Whole Life Insurance projects with the 62 implementation resources:


• 62 step-by-step Whole Life Insurance Project Management Form Templates covering over 1500 Whole Life Insurance project requirements and success criteria:


Examples; 10 of the check box criteria:


1. Activity Duration Estimates: Account for the four frames of organizations. How can they help Whole Life Insurance project managers understand your organizational context for Whole Life Insurance projects?
   
   

2. Project Performance Report: To what degree is there a sense that only the team can succeed?
   
   

3. Risk Management Plan: Market risk: will the new product be useful to your organization or marketable to others?
   
   

4. Procurement Management Plan: Is there an on-going process in place to monitor Whole Life Insurance project risks?
   
   

5. Variance Analysis: How does the monthly budget compare to the actual experience?
   
   

6. Scope Management Plan: Have adequate procedures been put in place for Whole Life Insurance project communication and status reporting across Whole Life Insurance project boundaries (for example interdependent software development among interfacing systems)?
   
   

7. Issue Log: Are the stakeholders getting the information they need, are they consulted, are concerns addressed?
   
   

8. Cost Management Plan: Is your organization certified as a broker of the products/supplies?
   
   

9. Project Performance Report: To what degree are sub-teams possible or necessary?
   
   

10. Requirements Traceability Matrix: Is there a requirements traceability process in place?


 
Step-by-step and complete Whole Life Insurance Project Management Forms and Templates including check box criteria and templates.

1.0 Initiating Process Group:


• 1.1 Whole Life Insurance project Charter

• 1.2 Stakeholder Register

• 1.3 Stakeholder Analysis Matrix


2.0 Planning Process Group:


• 2.1 Whole Life Insurance project Management Plan

• 2.2 Scope Management Plan

• 2.3 Requirements Management Plan

• 2.4 Requirements Documentation

• 2.5 Requirements Traceability Matrix

• 2.6 Whole Life Insurance project Scope Statement

• 2.7 Assumption and Constraint Log

• 2.8 Work Breakdown Structure

• 2.9 WBS Dictionary

• 2.10 Schedule Management Plan

• 2.11 Activity List

• 2.12 Activity Attributes

• 2.13 Milestone List

• 2.14 Network Diagram

• 2.15 Activity Resource Requirements

• 2.16 Resource Breakdown Structure

• 2.17 Activity Duration Estimates

• 2.18 Duration Estimating Worksheet

• 2.19 Whole Life Insurance project Schedule

• 2.20 Cost Management Plan

• 2.21 Activity Cost Estimates

• 2.22 Cost Estimating Worksheet

• 2.23 Cost Baseline

• 2.24 Quality Management Plan

• 2.25 Quality Metrics

• 2.26 Process Improvement Plan

• 2.27 Responsibility Assignment Matrix

• 2.28 Roles and Responsibilities

• 2.29 Human Resource Management Plan

• 2.30 Communications Management Plan

• 2.31 Risk Management Plan

• 2.32 Risk Register

• 2.33 Probability and Impact Assessment

• 2.34 Probability and Impact Matrix

• 2.35 Risk Data Sheet

• 2.36 Procurement Management Plan

• 2.37 Source Selection Criteria

• 2.38 Stakeholder Management Plan

• 2.39 Change Management Plan


3.0 Executing Process Group:


• 3.1 Team Member Status Report

• 3.2 Change Request

• 3.3 Change Log

• 3.4 Decision Log

• 3.5 Quality Audit

• 3.6 Team Directory

• 3.7 Team Operating Agreement

• 3.8 Team Performance Assessment

• 3.9 Team Member Performance Assessment

• 3.10 Issue Log


4.0 Monitoring and Controlling Process Group:


• 4.1 Whole Life Insurance project Performance Report

• 4.2 Variance Analysis

• 4.3 Earned Value Status

• 4.4 Risk Audit

• 4.5 Contractor Status Report

• 4.6 Formal Acceptance


5.0 Closing Process Group:


• 5.1 Procurement Audit

• 5.2 Contract Close-Out

• 5.3 Whole Life Insurance project or Phase Close-Out

• 5.4 Lessons Learned


Results

With this Three Step process you will have all the tools you need for any Whole Life Insurance project with this in-depth Whole Life Insurance Toolkit.

In using the Toolkit you will be better able to:


• Diagnose Whole Life Insurance projects, initiatives, organizations, businesses and processes using accepted diagnostic standards and practices

• Implement evidence-based best practice strategies aligned with overall goals

• Integrate recent advances in Whole Life Insurance and put process design strategies into practice according to best practice guidelines


Defining, designing, creating, and implementing a process to solve a business challenge or meet a business objective is the most valuable role; In EVERY company, organization and department.

Unless you are talking a one-time, single-use project within a business, there should be a process. Whether that process is managed and implemented by humans, AI, or a combination of the two, it needs to be designed by someone with a complex enough perspective to ask the right questions. Someone capable of asking the right questions and step back and say, 'What are we really trying to accomplish here? And is there a different way to look at it?'

This Toolkit empowers people to do just that - whether their title is entrepreneur, manager, consultant, (Vice-)President, CxO etc... - they are the people who rule the future. They are the person who asks the right questions to make Whole Life Insurance investments work better.

This Whole Life Insurance All-Inclusive Toolkit enables You to be that person.

Includes lifetime updates

Every self assessment comes with Lifetime Updates and Lifetime Free Updated Books. Lifetime Updates is an industry-first feature which allows you to receive verified self assessment updates, ensuring you always have the most accurate information at your fingertips.