Policy Analysis and Review

Policy Analysis and Review

For many years, life insurance policies were purchased and placed in a client’s portfolio seldom to be revisited or reviewed by the client or their advisors. Due to historically low interest rates and significant changes within the life insurance industry, your life insurance policies could be in need of a review to determine whether policy performance is in line with original expectations.

Many life insurance contacts today are in danger of lapsing prior to life expectancy, thus depriving the insured and their beneficiaries much needed coverage at the time it is needed the most.

We have developed over time a Policy Analysis and Review which allows us to audit the life insurance policies in your client’s portfolio on several different levels:

1) Owner and beneficiary arrangements – these are critical in the taxability of the coverage and determining if the benefit arrangements comport with the client’s overall planning;

2) Review of inforce illustrations - determines whether or not the contracts have been performing up to the original projections or will they will lapse prior to life expectancy;

3) Current premium financing arrangements – some premium payment arrangements contemplate making significant gifts of premiums (some of which are taxable) which could be more advantageously handled on another basis;

4) Performance Assessment – there have been significant changes in policy terms and benefits which may be incorporated into your client’s life insurance portfolio.

Over the last few years, new designs in life insurance, and a much more efficient, competitive marketplace have resulted in stronger, more cost efficient products. You could possibly be in a position to benefit from these enhancements.

Let us do a free Policy Analysis and Review on your life insurance portfolio today...it won't cost you anything but it might provide thousands of dollars of cost savings to you and your family, and potentially millions of dollars of benefits!