Many clients have life insurance policies that have been purchased over time and as the portfolio has aged, may not have been reviewed or adjusted to current life and financial circumstances.
Has your life’s plan changed?
Life Insurance products have evolved; has yours?
We will provide a Performance Evaluation that will provide:
Objective analysis of your clients’ insurance portfolio
Review of your clients’ existing coverage to confirm alignment with their current plan
Stress-testing policies against real-world scenarios
Adding value to your client relationships
This will also include, if necessary, an evaluation of Trust Owned Policies and Employer Owned Policies, which have their own sets of challenges.
It has been estimated that 71% of trustees have not reviewed a life insurance policy in the last 5 years; when was your reviewed?
Are you aware that life insurance death benefits paid to an employer may be subject to income tax?
We will work to learn the objectives of the policies and provide an independent and unbiased review to ensure that those objectives are met.
Finally, there continue to be improvements in products and pricing and this has changed the landscape of the life insurance completely. Newer products may be able to meet the goals of client’s where the current policy is unable to achieve the same results.