Life Insurance Audit

WHAT EVENTS SHOULD TRIGGER A LIFE INSURANCE AUDIT?

• Trust Owned Life Insurance policies should be reviewed about every four years
• The need for life insurance increases or decreases
• Family or business situations have changed
• Policy interest rates, dividends, or investment returns have declined
• The insured’s health has improved, offering for potential savings in policy expenses
• The insured’s health has declined, confirm current policy values
• The policy has outstanding loans, requires policy changes, or is nearing the end of its conversion period

Get an audit...the good kind.

What is the process?

• Order and review all in force life insurance policy statements
• Analyze current premium funding level and frequency
• Review projected guaranteed and non-guaranteed policy values
• Investigate for possible medical underwriting class improvement to reduce policy expenses
• Evaluate policy conversion options (if applicable)
• Assess industry rating bureau reports of insurance companies
• Review new products or riders that may enhance your coverage

What we’ll provide:

• A review of in-force life insurance relative to current needs
• An analysis of current policy funding
• An investigation seeking improvements in your medical underwriting classification
• An analysis of your policy’s performance compared to illustrations at the time of the sale
• An assessment of the current ratings of each insurance company owned
• A comparative analysis of your policy and policies currently available in the marketplace
• Professional decision making support

We believe careful review, analysis, and recommendations will result in the optimal insurance solution for you and your family.