We use a detailed design questionnaire to match our client’s needs with an insurance product type. We address issues of ownership and beneficiaries, as well as the premiums and potential means of payment. We’ll also ask several preliminary questions about health and insurability and then begin collecting physicians’ statements.

We survey product offerings – including term insurance – conduct competitive analyses, and make initial recommendations on product providers and strategies.

We submit the client’s preliminary medical and financial information to an independent medical team and open negotiations with carriers to optimize your health classification, which can impact the premium amount paid. We review all final offers from insurance carriers and present our recommendation to our client and their advisory team for approval.

Based on the entire team’s approval, we complete final applications and provide all parties with a copy of the policy and insurance illustrations. If necessary, we will also prepare and deliver a trustee assistance package.

After a policy is written, we regularly review it and test its effectiveness. This allows us to help ensure our client’s insurance strategy stays in alignment with their goals and helps us to proactively alert them to any changes or new market offerings that are better suited for their individual situations.