Who is doing "Stress Tests"on your (client's) life insurance policies? Anyone?

If you put your life insurance policy under a microscope, what would you see? Would you even know what you are looking at? How do you know if your life insurance policy is cost competitive, has stable pricing, cash value liquidity, good historical performance, and the company insuring your policy has good financial strength? Why not test it?

In this environment you might have heard the words “stress test” in relation to the government “stress testing” banks in early 2009. In April 2009, the results were that some banks did not have to do anything, some had to raise new capital and some had to strengthen their reserves[1]. As such, these “stress tests” are more to protect shareholders in the banks than they are to protect depositors.  The government is not looking at each individual account, but you can give your clients this detailed look into their policies with the Confidential Policy Evaluator (CPE) through THEInsuranceAdvisor.COM.

This is an easy process for anyone to incorporate into an existing annual service meeting. You can show your clients the independent third party analysis of their existing policies and/or your recommended policy. Be proactive with your clients because if you don’t stress test your client’s life insurance policies, someone else will.

Use the Confidential Policy Evaluator (CPE) Research Reports to determine the appropriateness of pricing, the reasonableness of performance expectations for invested assets underlying policy cash values, and overall suitability for you(r) clients' policies based on the 5 factors of suitability. Click here and get up to 3 Confidential Policy Evaluator (CPE) research reports under our NO-RISK trial subscription.