The CLPR
TM – or Customized Longevity Planning
Report
TM – is a customized, comprehensive evaluation
that shows your client’s life expectancy, expressed in several ways. We believe
the CLPR is the best tool on the market to help you . . .
- understand your client’s longevity and, therefore, their longevity risk (the risk
of “living too long”) and their mortality risk (the risk of “dying too soon”)
- develop risk mitigation strategies
- identify financial products and services that will meet your clients’ needs.
- communicate to clients the rationale behind the strategy and recommendations you
make to them.
21st Services offers three paths to the Customized Longevity Planning ReportTM or CLPRTM.
Each results in the same informative report.
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The CLPR is a variation of the life expectancy certificate we produce for our life
settlement clients. In fact, it can serve as a preliminary screen to determine whether
the client is likely to qualify for a life settlement.
How we gather the client’s health information
Every CLPR is based on the information we gather about a client’s specific medical,
family and personal history, along with pertinent information about health habits
and lifestyle. We gather it in several ways.
- With the Platinum CLPR, the information
is gleaned by our underwriters from copies of your client’s medical records from
the past five years.
- With the Silver CLPR, the information is
provided by your client in a structured phone interview with a 21st Services representative.
- With the eCLPR, the information is provided
by your client in an online questionnaire.
Your client’s health information is run through MedDiag, our sophisticated, proprietary
software program, for a sensitive weighting of hundreds of data points as debits
and credits. MedDiag generates the CLPR report.
Click
for more information about MedDiag.
Contents of the CLPR
The report we generate provides several perspectives on the client’s likely longevity.
Click on the pictures at the left to see full, annotated views of the CLPR pages.
CLPR Page 1: The
focal point on the first page of the CLPR is your client’s longevity curve, focusing
on the median point (50% probability of survival) and the points at which the probability
of survival is 30% and 10%. The table to the right of the curve diagram shows the
client’s probability of living to various ages.
To create the curve, 21st Services’ MedDiag system generates a life expectancy profile
for the client and a statistical pool of 1,000 perfect replicas. It then calculates
the likelihood that those in this statistical group will be alive in each year going
forward..
The client’s personal longevity curve is overlaid with a ‘standard’ longevity curve
for a pool of people of the client’s age and gender who are standard according to
mortality tables.
The longevity curve chart and survival probabilities chart are the focal point of
page 1 of the CLPR.
CLPR Page 2:
The factors identified in our medical/health/lifestyle analysis that impacted the
life expectancy calculation are listed on page 2 of the CLPR.ÿÿÿ
CLPR Page 3:
Here we note changes that could extend the client’s longevity curve, and by approximately
how much. We also note behaviors which, if adopted or changed, will help the client
maintain his/her health and quality of life.
Introductory Letters: Accompanying
the report are introductory cover letters.
What are the costs?
The CLPR’s cost varies depending on how the client’s health information is gathered:.
Platinum CLPR
21st Services gathers all medical records. Cost: $495
The planner or the client gathers the medical records and provides them to us. Cost:
$295
Silver CLPR
21st Services gathers the information in a phone interview with the client. Cost:
$110
eCLPR
The client provides the information online at our website. Cost:
How do you order?
You can order any version of the CLPR – eCLPR, Silver or Platinum – on this website.
Or call toll-free 877-317-3008.
ORDER NOW
Click here to see CLPR options and start the ordering process.
Explore these topics on the CLPR
and its fit with financial planning:
CLPR introductory video by 21st Services
co-founder Paul Kirkman
CLPR introductory
message
What is a CLPR?
10 Reasons to Use the CLPR to Help You Plan
Two Financial Planning Case Studies
Sample Planning Strategies Based on the Longevity
Curve
The Experts Comment on the Longevity Curve and Financial
Planning
The Science of Life Expectancy at 21st Services
Our Medically Based
Longevity Report vs. the Free Online Calculators
Q&A