How to Use THEInsuranceAdvisor.COM…

How do I use THEInsuranceAdvisor.COM (TIA)??… is the number one question asked by new subscribers. TIA has a couple of different tools available to the subscriber to use. So how does the subscriber know which tool to use and when? To answer this question let’s first define the tools available: 

Policy Pricing Calculator (PPC): A quick and easy internet calculator to find out if the policy you are researching is competitive compared to benchmark data. Simply plug in the policy details and the PPC will tell you if the policy you are researching compares to industry averages. Use PPC as a quick reference to see if you need to take further action on this policy. TIA provides the PPC as a complementary service to everyone. 

Confidential Policy Evaluator (CPE): Now that you researched how your policy compares to the industry average, let’s open it up and look inside. Confidential Policy Evaluator (CPE) research reports from THEInsuranceAdvisor.COM (TIA) are the fastest and easiest way to assist clients in making better decisions about their life insurance. CPE is a patented, objective, rules based system for assessing permanent life insurance policies (proposed or existing) on an easy to use 5 Star Rating system that will:

• Make objective comparisons valid, easy and understandable.
• Take the mystery out of complex policy design and pricing.
• Identify premium savings and/or opportunities to increase policy benefits.
• Determine appropriateness of a policy to each client's situation.

CPE converts dozens of pages, hundreds of numbers, and lengthy disclosures found in a single policy proposal into a comprehensive, yet concise CPE Analysis (shown above right). CPE's 5-Star¹ Rating system provides a balanced assessment of all 5 factors to be considered and reports on same in familiar financial terms, easy to understand graphics and an accepted rating methodology. 

Insurance Banking®: Now you have your CPE report that shows your (client’s) policy rated up to a possible 5 stars. If your policy is not 5 stars, where can you find a 5 star policy? TIA does not sell insurance, but we can recommend an Insurance Banking Center®. Insurance Banking® Centers (IBCs) are independent financial services firms (i.e., both independent from any particular life insurance company or companies and independent from THEInsuranceAdvisor.COM[¹]) who are uniquely capabile of helping clients and their advisors identify and secure best-available rates and terms for optimal life insurance portfolio performance. Insurance Banking® Services that can be expected from a licensed Insurance Banking® Centers includes:

• Identifying the appropriate amount, type, and plan design for a life insurance product for a given client need.

• Using TIA's Confidential Policy Evaluator (CPE) to objectively identify the most appropriate life insurance products(s) for a given plan design in a given client situation.

• Negotiating with underwriters of one or more insurers to achieve optimal rate basis for a given policy or policies.

• Oversee the reinsurance market to preserve the maximum amount of life insurance coverage available at the optimal rate basis in large transactions.

• Constructing, managing, and monitoring a portfolio of insurance products identified as most appropriate for the given client situation, both at the time of implementation and over time.

Use PPC to find an opportunity. Request a CPE Report to evaluate your clients' new proposals or existing policies. Then Contact Us to request the Insurance Banking Services you need from an Insurance Banking® Specialist in your area.

^{[1] iThe Confidential Policy Evaluator (CPE) system was founded invented by Barry D. Flagg (U.S. Patent #6,456,979), and were developed on generally-accepted mathematical and actuarial algorithms and a consistent and objective rules set, and like all ratings systems, rely on certain judgmental techniques, which are fully disclosed, and with which certain insurance professionals may disagree.  Because any evaluation of a life insurance product (especially a variable life insurance product) presented by any financial advisor or registered representative, and pursuant to the sale/purchase of such product presents the potential for a conflict of interest, it is important to understand the methodology behind any such evaluation and the relationship between the evaluator and the registered representative.}