Is Your Current Insurance Policy Meeting Your Expectations?
Will It Deliver What You’ve Paid For Or Are You Sitting On A Ticking Time Bomb?
What’s the best exit strategy if you no longer need it?
Isn’t it time you understood your life insurance policy? Don’t wait any longer order your customized report will provide you with the following:
- Is your policy working as it should be?
- Are there any problems?
- What are your options & solutions?
- What is the best exit strategy
- Life Insurance Company Quality and Financial Strength Overview – current ratings from the major rating services- (A.M. Best, Moody's, Standard & Poor's and Fitch Ratings), as available.
Just imagine not tuning up your car and having the performance steadily decline. Even though your life insurance policy is safely tucked away in that filing cabinet, it, too, is facing many bumps along the road of a changing investment and interest rate environment. Your cash value life insurance policy—whether it’s whole life, universal life, variable life, survivorship life, etc. is similar. It’s made up of a variety of components that can each affect the overall performance of your life insurance policy.
In fact, as many as 90% of the life insurance policies purchased in the 1980’s will not perform as originally expected due to changes in interest rates, costs of insurance and expenses.
The report will provide you with the information to see if your policy is on track to reach the needs established for it. If it is on track, then nothing needs to be done. If it is not meeting your expectations, then your options will be on the report. How you use this information is up to you. Please note that this is service is strictly information and is based upon the information submitted and is not to be construed as advice.
Further services are available for comparing a current policy with a new policy.
Please note that on reviews for Equity Indexed Life Insurance, Variable Life Insurance policies and similar policies - the focus is strictly on the insurance component and the gross hypothetical rate of return on the submitted inforce (or proposed) policy illustration. There is no review or evaluation of the investment components.
Each report is designed for your particular policy. With over 1,500 active companies offering a multitude of constantly changing life insurance products, there are options, riders etc. that may not be shown on the information submitted and that may have a material impact on a policy.
To request a policy evaluation: follow the instructions on the life insurance policy evaluation request form (click to open, then print it):
You will also need the "Sample In-force Illustration Letter" (click on it) to get the information you need from your life insurance company.
Sample Reports (click to view the report):
Basic Life Insurance Evaluation Report (Maintaining Coverage)
Basic Life Insurance Evaluation Report (Terminating/Unwinding Coverage)