Specialties:
- Due diligence – Review and analysis of life insurance companies from a financial strength and ratings standpoint.
- Life insurance needs analysis – Determine the appropriateness of coverage amounts.
- Life insurance financial calculations – Internal rate of return calculations on cash value and death benefit versus premiums paid at specified intervals.
- Validity testing – Comparison of new and/or proposed life insurance policies with similar policies of other companies, to test the validity of the assumptions made.
- Policy projections – For in force life insurance policies - Current projections using in force policy values, mortality costs and expenses.
- Policy loans – Implications of policy loans, including lost term costs, “phantom” income tax and other considerations.
- Policy replacement analysis and recommendations
- Prudent Investor Rule – Applications for trustee and other fiduciary situations.
- Suitability issues
- Life insurance sales practices
- Document review and recommendations
- Analysis of documents for due diligence/standard of care
- Identifying company/policy srengths and weaknesses
- Case preparation assistance, evidence review and report preparation