For existing life insurance policies.

How do you know if your policy is performing?...

What type of life insurance policy do you have?

• Whole Life:  ________
• Universal Life:   _____
• Index Life: _________
• Variable Life: _______
• Term: Annual Renewal ____ Term 10____ Term 15____ Term 20 ____Term 25____Term 30_____
• Not sure: _______

 
Your policy details?

• Inception date of policy: _________________
• Your date of birth? ______ - ______- ________
• Your age now? _________________
• Your smoker rating of policy? Tobacco _______   Non-tobacco ____________ Cigar____________
• Your health rating of policy? Super-Preferred____ Preferred_____ Standard Plus_____ Standard____  Table rated______

If health rated, reason for this rating? _______________________________________________________________

• Target premium of your existing policy? ___________________________
• The premium you were told to make? _________________
• The actual premium you are paying? __________________
• Have you ever taken out any loans? __________________
• Did you pay the entire loan back? ____________________
• Did you pay the Interest on the loan? _________________
• Did you make any withdrawals from the policy? ________
• Have you ever missed any premium payments? _________

 
Did you purchase any riders with your policy?

• A term rider? _____
• A waiver of premium rider? _____
• A long-term care rider? _____
• A return of premium rider? ______
• Does your term policy have a conversion option? _______
• Within how many years of inception of policy can you convert policy? ____
• What specific product options can you convert too? ________________
• Have you ever ordered an in-force illustration? ________________
  
• When? ________________
• Do you have a copy of the illustration? ________

 
Did you buy this policy primarily for death benefit OR for cash accumulation?
            Death Benefit _______________ Cash Accumulation _________________
 
At what age will your policy be paid off?

• How do you know? _________________________________________________
• Is it in writing and do you have a copy of illustration showing policy paid in full?

Yes _____ No _____
 
Is growth based on: A Dividend ____ An Interest Rate ____  An Index_____ Stock Market _____  Something else_________
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HOW DO YOU KNOW IF YOUR LIFE INSURANCE IS PERFORMING?
 
When you purchased your life insurance policies, your premium was calculated based on the specific assumptions the insurance company and your life insurance agent made. The assumptions focused on making those exact premium payments on time, current expense and mortality charges, not taking out any loans and an interest rate, dividend rate, or stock market return rate that that are not guaranteed. These rates and returns can fluctuate and do. Therefore, the illustration cannot be counted on to perform, greatly increasing the odds that the policy will underperform and may actually end.
 
The purpose on an illustration is to give you an example of how a policy works given a set of assumptions that cannot and will not work as projected. YET, many consumers put their policy away and quickly forget that. They think that they are done because they believed the illustration to be accurate and complete.
 
Instructions
Find your original life insurance policy and all documents that were given to you during the sales process. I only need the first two pages of the policy and sales documents given to you, especially the illustration your signed.  You can send them to the email below.  

After I receive your paperwork, I will complete the attached assessment questionnaire for you. You will receive within 10 days of receipt a policy risk assessment review.  Your initial review is complimentary.
 
What assurance do you have that your insurance policy will perform as you were promised and how do you know that your policy is still appropriate for your needs now?

• Does your life insurance company want you to know the answer?
• Does your life insurance sales agent want you to know the answer?
• Does your beneficiary want to know the answer?
• Do you want to know the answer?

 
You may not know the facts until all of these questions are completely answered and reviewed. Life assurance is where your life insurance lasts one day past your death. If it doesn’t your life insurance was just a very expensive term policy expense.
 
Howard Wolkowitz has been a life insurance consultant for 27 years specializing in insurance planning for professional families and business owners. Howard has seen insurance policies blow up due to neglect. Don’t let your investment go to waste due to neglect.
Email me at [email protected]
Direct 954 558 3673