Can a Life Insurance Policy Audit Really Help Save Me Money or Get More Benefits at No Extra Cost?
From: Miguel Palma CPA/PFS/CGMA
Let me know if this happened to you…
Several years ago (maybe even DECADES ago), you decided to purchase a life insurance policy. You knew it was a good decision and thought to yourself:
“This Will Be There When I Need It Most…”
And so you moved on with life…
Maybe you got married…
Changed your job…
Or relocated to a new area…
Whatever YOUR SITUATION may be…
You always believed that your life insurance policy was going to be there to financially protect you and your family.
And That Was It! You ‘Check’ That Life Insurance Box Off Your List and You’re Set for Life.
But unfortunately, that’s just not the case…
Many people think they have one type of life insurance policy and sadly discover they have a different one with much less benefits. Or, they happened to miss a premium payment and are unaware that the policy is now significantly underperforming compared to its original projection.
Some cases might not even be the policyholder’s fault.
With global economic events and interest rate fluctuations, life insurance policies - and its benefits - can be affected.
On the other hand, with medical advancements and people living longer lives, life insurance products of today are much more efficient and offer benefits older policies just cannot provide.
With this information, it’s important to make sure you’re reviewing your policy every 3-5 years.
By checking up on your policy, you’ll likely find yourself in one of these three situations:
1.) A new policy can help you save money while keeping the same benefits
2.) A new policy can help you receive more benefits at no extra cost
3.) Everything is performing as expected and you have peace of mind
We’d like to believe many people will fall into the third option, but many times, that’s just not what happens.
7 Out of 10 Policies Reviewed Show Supporting Evidence to Replace and Upgrade the Policy
I’d like to offer you a complimentary review of your life insurance policy to make sure it’s performing as expected and the information that was originally stated matches your current lifestyle.
There is no obligation or costs associated with the audit.
You may discover we’ll be able to help you save money or receive additional benefits at no extra cost.
At the very least, you’ll have peace of mind knowing that the life insurance policy you have in place is correct and that no further action is required.
You’ll find more information on this page for what’s included within the audit and how long you can expect to wait to receive your custom report.
I really hope you take me up on this offer as I think you’ll find great value in it.
I look forward to speaking with you!