Client Advocacy

Don’t Throw Away a Policy That Has Potential

We pride ourselves on collaborating with our clients and their advisors to help ensure that our life insurance solutions enhance the bigger picture, focusing on planning and purpose, not just product placement.  Unlike other financial assets, the cost of an insurance policy depends on the health of the insured, so we cast a wide net and negotiate for the best possible rate for each client from a selection of quality insurance carriers.  The placement of a life insurance policy marks the beginning, not the end of our client relationships. When we complete a life insurance acquisition, we deliver a promise to oversee the plan and policy we placed to help ensure that the insurance portfolio remains the best fit for years to come.

At each inforce policy review, an insurance portfolio should be scrutinized with a client’s current financial situation in mind to determine if new life insurance policies should be added or if existing life insurance policies are no longer needed.  When a life insurance policy is no longer needed, there are several exit strategies to consider before simply surrendering a policy.

Insurance carriers are happy to let clients surrender their policies, since the carrier has already received premium dollars and wouldn’t have to pay a large death benefit.  But policy surrenders are not always in a client’s best interest.  Some policies have potential to serve other purposes or enhance other planning aspects in a financial portfolio.  We advocate for our clients by stressing the importance of repurposing a policy when possible to fit their current needs.

Contact us with any questions or opportunities to help you or your clients achieve identified goals. This is what we enjoy doing for only a select number of families, businesses, and charitable institutions each year, and we look forward to hearing from you.