•To serve our clients' life insurance needs through the marketing and administration of innovative life insurance plans.

•To promote the profitability of our life insurance carriers and lenders through the efficient administration and marketing of life insurance plans.

•To provide our agents with unique and competitive life insurance plans together with creative marketing strategies and efficient administrative support.

•To provide our employees opportunities for personal satisfaction, professional advancement and rewards for their contributions by maintaining a productive, high energy, team-oriented work environment.

•To make a positive impact on our community and the insurance industry.

The proprietary product of S.T.P. Enterprises, Inc is the Arbitrage Life Payment System (A.L.P.S.™), an approach which allows S.T.P. to reduce or eliminate its clients' costs by leveraging universal life insurance policies. S.T.P. originated the A.L.P.S.™ over 25 years ago and is still the only agency that markets the concept.

A universal life insurance policy has two components: an insurance element and an investment element. The insurance element consists of the death benefit the insurance carrier provides in return for mortality charges, while the savings elements consists of any funds the insured pays in excess of the mortality charges. These funds are commonly referred to as the cash value of the policy.

S.T.P. Enterprises uses the Arbitrage Life Payment System to leverage the savings element of a client's policy in a way that potentially reduces or eliminates the cost of the insurance element. A trust established by S.T.P. takes out a loan from a bank and uses the borrowed funds to pay a single premium for the policy upfront, creating a large cash value on which the insurer immediately begins to pay the crediting rate. The cash value also serves as collateral for the loan, eliminating the risk to the bank.

The Gramm-Leach Bliley (GLB) Act requires "financial institutions" to provide their customers with an annual notice of their privacy policy. Effective July 1, 2001, the Federal Trade Commission (FTC) made the GLB Act applicable to life insurance agents who are engaged in financial planning or the business of completing income tax returns. This law mandates that we must describe our privacy and practices, hence this section.

Your privacy is important to us. At S.T.P. Enterprises, Inc., we are committed to your privacy and retaining your trust. We respect your right to keep your personal information confidential and to avoid unwanted solicitations. Please read this to learn how we handle your personal information.

We collect nonpublic personal information about you to provide personal financial planning to you. This information is collected from you in written form, by phone, online, by mail and in personal interviews and consultations conducted by us. We also collect information from others with your authorization.

Transaction information includes information necessary for financial planning services, as well as all correspondence between you and us. Transaction information would also include your payment history with us, billing records and any collection effort engaged in by us.

We do not disclose without consent any nonpublic personal information about our clients or former clients to our affiliates or to nonaffiliated third parties except as permitted by law:

1. To comply with a validly issued and enforceable subpoena or summons.

2. In the course of a review of our firm's practices under a lender or carrier audit.

3. To initiate a complaint or respond to an inquiry made by the ethics division or trial board of a state Department of Insurance.

4. In a review of a professional practice in conjunction with a prospective purchase, sale, or merger of all or part of our practice, provided that we take appropriate precautions (for example, through a written confidentiality agreement) so the prospective purchaser does not disclose information obtained in the course of the review.

5. When participating in actual or threatened legal proceedings or alternative dispute resolution proceedings either initiated by or against us, provided we disclose only the information necessary to file, pursue, or defend against the lawsuit, and take reasonable precautions to ensure that the information disclosed does not become a matter of public record.

6. When providing information to affiliates of the firm and nonaffiliated third parties who perform services or functions for us pursuant to a contractual agreement which prohibits the third party or affiliate from disclosing or using the information other than for the purposes for which the information was disclosed: for example, using an outside service bureau to process clients' tax returns, or, using a records-retention agency to store clients' records.

We restrict access to nonpublic personal information about you to those employees and other parties who must use that information to provide services to you. Their right to further disclose and use the information is limited by our employee code of conduct, applicable law, and nondisclosure agreements where appropriate. We also maintain physical, electronic and procedural safeguards in compliance with applicable laws and regulations to guard your nonpublic personal information.