“Save Time” and Don’t “Fall Back” on Comparing Illustrations!

Hypothetical illustrations are a comingling of undisclosed policy charges and unsubstantiated performance assumptions and do not separately measure policy expenses (as required under Section 7 of the Prudent Investor Act) separate from the reasonableness of performance expectations (as required by Section 2 of the Prudent Investor Act) they are clearly not comprised of all required or customary characteristics and are thus not complete.

Also because product manufacturers, distributors and/or agents/brokers generally include only those products that they are licensed to sell, comparing illustrations of those limited products lacks the independence and objectivity that you need.

With at least $3 trillion in life insurance policy cash values from which few know what they or their clients are actually being charged and/or what they are getting in the way of investment performance, there is a clear and desperate need for more information about the suitability and proper management of life insurance policy holdings.

With a higher standard of care emerging with the recently enacted Dodd-Frank Wall Street Reform and Consumer Protection Act (commonly referred to as FinReg) giving the Security and Exchange Commission (SEC) the authority to impose a fiduciary “client’s best interest” standard-of-care on brokers when providing personalized investment advice and product recommendations.  The SEC is still studying this matter, yet these breach of fiduciary duty arbitration cases are already on the rise under current rules. 

THEInsuranceAdvisor.COM research is derived from various independent sources to include thousands of actual insurance company pricing representations for hundreds of different products and actual performance data for invested assets underlying policy cash value. Revealing the overall suitability of a given life insurance product relative to its peer-group and based on 5 of the major factors of suitability as to 1) financial strength and claims paying ability, 2) actual cost competiveness, 3) pricing stability, 4) cash value liquidity, 5)actual historical performance of invested assets underlying policy cash values.

THEInsuranceAdvisor.COM provides the empirical pricing and performance research essential to any complete investigation of life insurance policy suitability (as defined by FINRA or the Prudent Investor Act) and which can then lead to independent and objective suitability determinations.

InsuranceAdvisor.COM is simply the fastest, easiest, and most credible, comprehensive and cost-effective way to independently verify to clients and their advisors whether or not the pricing and performance of existing or proposed life insurance is in their best interest.  Only THEInsuranceAdvisor.COM is accepted for independent client representation, endorsed by the New York Bankers Association (NYBA) and compliant with the rules of leading regulatory agency for the financial services business. 

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 client’s) 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.