- On May 4, 2017
Free Life Insurance Portfolio Review
Life insurance is an important part of most clients’ financial, estate and business plans. Unfortunately for many families and businesses, life insurance policies go unmanaged, underserviced and unreviewed for far too long after original purchase. The negligence of this “set it and forget it” mindset can result in significant financial harm or a loss of value and should be avoided.
Why review your life insurance policies? Well, in addition to addressing personal and business issues and changes (i.e., new businesses, divorce, additional debt, buy-sell, estate tax exposure, new job, new business partner, marriage, remarriage, or birth of a child, etc.), life insurance consumers should not assume that their existing policies will perform as initially anticipated due to changes in the life insurance industry. Over the last several decades, the life insurance industry has experienced a myriad of changes including demutualization, lowering commission structures, low interest rates, lower cost of insurance and the concern of sales of life insurance companies to non-insurance corporations. All of these changes have the potential of negatively effecting existing life polices. So, in today’s life insurance marketplace, it is more important than ever to analyze and review structuring and performance of existing life insurance policies.
What is the solution? Kelleher & Buckley, LLC works with experienced and knowledgeable insurance consultants who provide free, easy and comprehensive life insurance policy and portfolio reviews. Such reviews assist in ensuring that clients have the most cost efficient and appropriate coverage relative to the constantly changing options available in the life insurance market.
If you can benefit from a life insurance review, please contact Andrew Kelleher, David Buckley, Bob Holland or Linda Fine, or one of our 20+ attorneys at (847) 382-9130.