In order to properly evaluate a policy, we take the following steps:
- Order and review illustrations for the current policy. We look at different scenarios as to how the policy will perform under different stresses.
- Look at the financial strength of the issuing company to make sure their claims paying ability has not changed.
- Evaluate current beneficiary and ownership arrangements to make sure they are not set up in a way that will generate unnecessary taxes or worse, benefit someone other than the persons or businesses that they were intended to benefit.
- Review and explain contract language in your policy. There are a wide variety of options available. We want to make sure that you are getting maximum value from your policy.
- Look for options or opportunities to get more benefits from existing policies. You are paying for the benefits; you might as well enjoy all that you are paying for.
- Discuss the purpose of the policy to make sure that policy structure and provisions are consistent with your objectives.
- Explain various benefits and options that might exist in the policy that would add value to your overall financial security and performance.