Life Insurance Audit and Valuation Services

Life insurance is an important part of an overall financial plan. Regular reviews can determine whether the policy is performing according to expectations and meeting financial objectives. There are many factors to consider that may impact the performance and suitability of a life insurance policy. It’s important to periodically review your client’s life insurance and determine that both the product and the planning objectives are being met. Some of the more common reasons to conduct regular life insurance policy reviews include:

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• Policy Funding Adequacy

• Carrier Rating

• Cost of Insurance Increases

• Policy Maturity Risks

• Replacement to Better Performing Policy

Abacus Life offers complimentary life insurance policy reviews for Advisors and their clients. The Fair Market Value (FMV) is determined by using real-time impairment analysis to establish duration risk while utilizing current discount rates, and is generated in less than 24 hours. And more importantly, there’s never a cost to you or your client. The FMV provides Advisors with an alternative appraisal of your client’s life insurance when encountering situations like:

• Business valuations

• Transferring a policy from one entity to another

• Exiting from a Split Dollar arrangement

• M&A or bankruptcy transactions

• Business disputes that involve a buy/sell agreement