Policy review · second opinion
Do you know what you own?
Most people are paying for something they have never read. Bring it. We will read it with you and answer three questions: what does this actually do, what does it cost, and does it still fit your life. In writing, at no cost.
What we review
Anything with a premium attached.
Employer coverage. Usually one to two times salary, and it leaves when you do. We check whether it is enough, whether it is portable, and what it would cost to replace privately while you are healthy.
Old whole life and universal life. Is the cash value doing what you were told? Is the policy at risk of lapsing? Are the loans eating it? A twenty-year-old universal life policy in particular deserves a fresh look.
Children’s policies. Often sold as savings. Often built for death benefit. We show you which one you have.
Annuities. The surrender schedule, the rider fees, the income it will actually produce, and whether it still matches the reason you bought it.
Mortgage and credit insurance. The coverage the lender mailed you. Usually the most expensive way to do it.
What you get back
One page, plain English.
A written summary of each policy: what it is, what it does, what it costs, its guarantees, and its weak points. Then one of three recommendations: keep it, keep it and add, or replace it, with the reasons for each.
Replacing a policy is a serious decision. It can cost you guarantees, cash value and insurability, and the rules around it exist to protect you. We recommend a replacement only when it is clearly better, and we put the comparison in front of you side by side.
From the work
The review that changed the plan.
A mother asked for a review of the policies she had been faithfully funding for her children for years. She believed she was building cash value for them. The policies were built for death benefit. She was not doing anything wrong; the product was simply doing a different job than the one she was paying for. She kept the coverage, redirected the extra, and now knows exactly what each dollar is for. The full story.
Questions people ask
What does a policy review cost?
Nothing. If the review finds that what you own is right for you, you will hear that, in writing, and the conversation ends there.
What should I bring?
Photos or PDFs of the policy pages: the schedule page (face amount, premium, type), the most recent annual statement, and for employer coverage the group certificate or benefits summary. For an annuity, the contract summary and latest statement.
Will you try to replace my policy?
Replacing a policy is a serious step that can cost you guarantees, cash value and insurability, and it is regulated for good reason. We recommend a replacement only when it is clearly better for you, and we document why.
Can you review a policy I bought from someone else?
Yes. Most reviews are of policies sold by someone else, and many of them are fine.