Life Insurance Policy Management
Maximize the value of your existing life insurance policies through expert ongoing management and strategic optimization.
Proactive Policy Management
To ensure your clients' expectations and financial needs are always being met, we provide objective analysis and ongoing monitoring and management of your clients' in-force life insurance policies.
We handle policies not originally created by our firm and manage policies held in trusts, coordinating closely with trustees, insureds, and policy owners.
Comprehensive Policy Management Services
Through our collaboration with the Valmark Companies, we offer comprehensive policy management services. This combines technology, specialized expertise, and processes refined through 55+ years of experience with sophisticated life insurance policies.
- Advanced technology platform for policy tracking and analysis
- Dedicated team of policy management specialists
- Proactive monitoring with regular performance reviews
- Carrier relationship management and advocacy
Why Active Policy Management Matters
Life insurance policies require ongoing attention to ensure they continue to meet your clients' evolving needs.
Performance Assurance
Ensures policies perform as designed and meet client needs over time.
Risk Mitigation
Mitigates risks of policy lapse or underperformance through proactive monitoring.
Error Resolution
Resolves administrative errors and prevents issues before they impact coverage.
Payment Confirmation
Confirms premium payments and planned changes occur on schedule.
Value Optimization
Identifies opportunities to maximize policy value and efficiency.
Trust Administration
Provides automated trust administration with documented performance.
Ongoing Service
Delivers ongoing service by trusted third-party specialists.
Policy Management Brochure
Download our comprehensive guide to learn more about our policy management services and how we can help protect your clients' investments.
See How Policy Management Works
Watch our video to learn how proactive policy management can help protect your clients' life insurance investments.
Risks Affecting Policy Performance
Understanding these risk categories helps ensure policies continue to perform as intended.
Policy Administration
Premium payments and timing, withdrawal and loan payments, rider utilization/termination and conversion options, beneficiary, address, or trustee changes.
Insurance Companies
Insurer strength and stability, administrative and servicing errors, limited owner/trustee communication, product and feature changes.
Policy Performance
Crediting rates and dividends, subaccount allocation and performance, guarantee and shadow account challenges, cost of insurance increases.
Industry & Environment
Low interest rate environment, changing laws and fiduciary requirements, new marketplace products and solutions, tax and estate plan implications.
Real-World Policy Management Results
See how proactive policy management has helped clients avoid costly surprises and protect their coverage.
Late Payment Recovery
Situation
A 50-year-old entrepreneur purchased a $2 million Guaranteed Universal Life policy with $50,000 annual premiums. A two-week late payment triggered a termination notice offering either a one-year or lifetime guarantee for substantially more.
Approach
Our Policy Management team leveraged carrier relationships and policy expertise to advocate for the client. We documented the payment history and demonstrated the client's intent to maintain coverage.
Result
The lifetime guarantee was reinstated without additional cost, preserving the original policy terms and protecting the client's estate plan.
Interest Rate Impact
Situation
A 65-year-old retiree purchased a $3 million Universal Life policy with $850,000 single premium, projected to age 100. At age 85, sustained low interest rates threatened policy lapse at age 89.
Approach
Through ongoing monitoring, we identified the performance gap early. We analyzed multiple options including premium adjustments, death benefit reductions, and policy exchanges to find the most efficient solution.
Result
Earlier monitoring would have significantly reduced required premiums. The carrier initially requested $129,079-$173,338 annually to extend coverage—a cost that could have been minimized with proactive management.
The examples given are hypothetical and are for illustrative purposes. Actual results may vary from those illustrated.
Have a Policy to Discuss?
Connect with our team to learn how we can help manage and optimize your clients' life insurance policies.