Existing policy review
Read what you own before changing what you have.
Older does not automatically mean outdated, and new does not automatically mean better. A review should make the current contract understandable before a replacement is considered.
A useful second look has four parts.
01
What the contract guarantees
Death benefit, cash value, interest crediting, income options, riders, and the insurer responsible for each promise.
02
What it costs to keep or leave
Premium requirements, policy charges, rider fees, surrender value, market value adjustments, and possible tax consequences.
03
What has changed
Your income, dependents, health, beneficiaries, liquidity, retirement timeline, and the purpose the contract needs to serve now.
04
What a replacement changes
New underwriting, a new surrender schedule, a new contestability period, different guarantees, and any lost benefits.
Bring
The latest statement and original policy or contract.
Discuss
The original goal, what changed, and what matters now.
Leave with
A plain-English inventory and a documented next step.
Privacy first: Do not send health records, account values, policy documents, Social Security numbers, or other sensitive information through an ordinary contact form. A secure transfer process should be provided after the initial conversation.