FAQs

Yes, your policy is effectively a single-life policy since only one of the two insureds is alive. You can use a 1035 Exchange to replace your old policy with a new single-life policy on your life.

Almost 100% of our revenue is paid via commissions from insurance companies when we sell policies. We do not charge a fee to review life insurance policies unless we are specifically engaged in an agreed-upon fee-based engagement. This typically only occurs when a client wishes to access our analytical advice when a policy sale is not possible or expected.

You are under no obligation to purchase a policy from us. We hope that we can find a compelling opportunity to make a significant improvement in your life insurance coverage. At the end of our analysis, if we don’t see a compelling reason to replace your coverage, we’ll tell you to keep what you have. Even if we believe that you have a great opportunity, you still don’t have to buy a new policy from us. If you’re not convinced that our recommendation is a good option, we won’t pressure you to make any changes.

Every situation is different, but several of our clients have received standard underwriting offers despite a cancer history.

Many new policies are more efficient than old ones, in part due to mortality improvements (people living longer, impacting actuarial tables and policy pricing). Also, new policies may be more efficiently designed, emphasizing low-cost lifetime death benefits instead of building cash value. An existing policy with a high cash value may be able to fund a higher death benefit, even if your health isn’t as good as it used to be.

We don’t want to waste your time or ours! If we believe that only a marginal improvement is possible, we’ll let you know you should keep what you have.

We almost always place insurance with companies that are ranked in the 90th percentile of all companies, as ranked by Comdex®. Occasionally, if companies with lower ratings provide much better value, typically after medical underwriting is completed, we sell their policies. If your current company’s financial ratings are also low, this may be an attractive option.

We will only share your policy information and the analysis with you and/or the policy owner (if different). If our preliminary analysis shows that we can significantly improve your coverage, we’ll recommend underwriting, which includes the collection of medical information. We are bound to comply with HIPAA and privacy laws to safeguard your information. When we share any personally identifiable information or medical information with you or insurance companies, we utilize secure forms of transmittal to be in compliance with Federal and State regulations.

Click the following link to view an example of an “as-is” inforce illustration. VIEW EXAMPLE