.svg){kind=small}
.svg)
Life insurance will underpin your journey through life.
Request a review
Why review your policy?
Life insurance is an asset to be purchased and monitored with care
Your financial liabilities (and beneficiaries) may change during major life events
You may be able to strengthen an older policy for a new one with more benefits
Your life insurance policy may no longer be in line with your current goals
Your financial resiliency score and why it matters
Not every life is the same — and not every life insurance policy is the same.
We apply our analysis tools to provide you with a policy health score and a personalized financial resiliency score that tells you what an effective insurance policy can do for you and your family — not just in death, but in life, to help you reach your personal and financial goals.
This financial resiliency score is based on your ratio of savings to debt, your progress in reaching your lifetime financial goals, and how easily you could access necessary cash in an emergency situation. Given your financial resiliency score, we believe that the right insurance policy can be a valuable part of your overall financial portfolio.
Request a review
Impact of life events
You may go through many events in life that will be an opportunity for you to elevate your life insurance policy. Being aware of these events will ensure you are ready to update your policy at each stage.
New marriage
Your insurance needs change with your marital status. As marriage leads to the combination of households, finances and other property, it is critical to update your insurance policies accordingly. Life insurance can ease the financial burden on your partner in your absence.
Selling or starting a business
Your business needs the assurance of stability and funding, and a permanent life insurance policy can help your company survive in your absence. Life insurance can be used to protecting your company, family, partners and key employees.
Significant income and savings growth
Coverage is typically based primarily on your current annual household income to support your family’s lifestyle in your absence. Your savings growth helps you build more wealth and meet your financial goals, and income growth impacts your family’s lifestyle so you will want to increase your coverage.
Change in employment
Employers can offer life insurance as an employee benefit but you will probably lose that coverage if you choose to change your job. Adding or increasing individual coverage at any time would be advised, especially if you are in good health.
Buying a second home
Paying off a mortgage is one of the main reasons people buy life insurance. Purchasing enough life insurance to cover the debt will help keep your family in the home you love, even in your absence.
Recent divorce
Your life insurance may list an ex-spouse or previous partner as a beneficiary. You may also share responsibility for your children, and you will want to help with these expenses in your absence. Reviewing your beneficiary choices after going through a major life change is essential.
Caring for aging parents
Life insurance can help offset the costs of your parents getting older. Providing care for an aging parent or grandparent with a contingency plan in place can help ensure the continuity of their long term care continuity in your absence.
New marriage
Your insurance needs change with your marital status. As marriage leads to the combination of households, finances and other property, it is critical to update your insurance policies accordingly. Life insurance can ease the financial burden on your partner in your absence.
New empty nester
Once your children have left home, you may no longer need the same coverage for your children, and you may want to reassess. For instance, accumulated cash value may be used for retirement expenses and help manage future income taxes.
New grandchildren
You may choose to update your beneficiaries to name your new grandchild on your life insurance policy to help with college or other education, or even if they want to start a business in your footsteps.
Retirement planning
Life insurance can be used to supplement your retirement income, help manage taxes or to meet charitable goals, and you can supplement your required distributions with policy loans. The cash value in your policy may be available to offset some of your lost income
Leaving a legacy
Life insurance is a great way to leave a legacy to your favorite organization, without significantly reducing the size of your estate.
Download our info pack