LIFE INSURANCE REVIEW
A "Left Tail" Policy Review
For those who already own one or more life insurance policies a Left Tail Policy Review can provide essential information about whether their coverage is sufficient, durable and capable of handling real world stress. This is a flat-fee service with no obligation to buy or replace insurance.
An Independent Review of Risk, Coverage & Policy Quality
Most people who own life insurance have never had their coverage professionally reviewed by an unbiased third party. They probably know that they own a policy and how much they pay for it. They may even know why they bought it or why it was appropriate when purchased. But those facts do not answer several key questions:
Is the policy well designed for the stated goals?
Is the risk adequately addressed and the costs competitive?
Is there "premium sufficiency" — are the annual payments enough to ensure that the policy stays in force for life and does not lapse?
Some other questions may also become relevant:
Whether the underlying planning adequately addressed estate liquidity, family protection, business continuity, long-term care exposure, tax mitigation, creditor protection or special needs planning.
Whether concentrated or illiquid assets, such as a business, real estate, or artwork, are protected from the risk of a forced sale?
Whether globally mobile, immigrant, or non-U.S. planning issues create additional exposure that the current policies do not adequately address?
Knowing and revisiting the answers to these questions is critical.
A Different Kind of Insurance Review
Traditional planning often focuses on averages, expected outcomes, and whether some baseline amount of coverage exists. LTRA focuses elsewhere: on the high-impact risks that can permanently damage a family, business or balance sheet.
A Left Tail Policy Review is designed for individuals, families, and business owners who already own insurance and want a serious second look at its quality. This is particularly appropriate for more complex policies that require ongoing monitoring to ensure that they remain sound and are operating as intended.
In some cases, the conclusion of a review may be that your current planning is sound and the policy you already own is sufficient. Nothing more is warranted. In other cases, the review may identify gaps, inefficiencies, structural weaknesses, a mismatch between policy and purpose, features that deserve closer scrutiny or a policy that may soon, or has already, failed.
The goal is to provide clarity and allow policyholders to make informed decisions. There is no obligation to buy, replace or make any changes at all.
Why LTRA Is Uniquely Positioned to Do This Work
Many advisors can offer this service. But LTRA is different and uniquely experienced for this kind of review.
LTRA was formed after decades of work in various related fields and based on multiple insurance vantage points. The firm’s background includes insider industry experience (insurance advisory and product design work), representing policyholders in legal matters and lawsuits involving failed policies and unsuitable designs, and work with foreign nationals who have complex financial and cross-border issues.
This broad combination is unique and valuable.
We do not evaluate life insurance only from the standpoint of what the policy is. We take a holistic approach and view how the policy is operating, whether it is meeting its owner's goals and whether is it internally compliant. LTRA understands the kinds of problems that arise when insurance fails to live up to its expectations, when a design is not suitable, when administration is poor, when assumptions prove unrealistic, when a policy does not perform as intended or when an insurance company is not living up to its contractual obligations or prior representations. We have experience not only designing and selling policies but litigating against insurance companies when those policies fail or do not operate correctly.
A Flat Fee Consultation — Not a Sales Process Disguised as Advice
A Left Tail Policy Review is intended to be informative, consultative and independent.
This is a service. No upselling. Not a product push.
Because there is no product being sold and no commission being earned, LTRA charges a flat fee for this service.
Start With Clarity
Insurance should reduce complexity and risk, not multiply it.
A Left Tail Policy Review is appropriate for those who want an experienced, independent review of the risks that matter most and to help ensure that the policies already owned are suitable to address those risks.
No obligation to buy.
No pressure to make changes.
Just a serious assessment of whether the protection you bought is really protecting you.
To schedule a consultation and find out more about our life insurance review services, contact us.