Risk Management

Risk Management
StateTrust Life and Annuities provides risk management advice with the goal of determining whether you have enough protection in terms of life and critical illness insurance, education and retirement.
A life policy, an education plan and a retirement plan should be part of every general risk management plan for families and individuals.
Life insurance policies are financial instruments with the basic purpose of providing immediate resources to replace lost income due to death.
Our advisors and risk specialists help our customers determine which tools may be most appropriate to meet their specific individual, family and/or corporate protection needs.
There are seven fundamental steps in the risk management process:
  • Risk Management Planning
  • Risk Identification
  • Risk Control Tools
  • Process Review
  • Establishing Goals
  • Risk Factor Classification
  • Development and Implementation