March 12, 2014

5 Reasons why insurance companies don’t want you to review your policies

Estimated reading time: 30 seconds

Everyone knows that insurance companies pay attention to details.

The degree of due diligence they exercise before issuing a life insurance policy often includes a careful review of your driving record, financial profile and family health history.

They are equally cautious when a claim is made - they want to ensure it is a legitimate.

All of that makes perfect sense - they obviously deserve to make sure that policies are properly issued at the front end and claims are properly settled at the back-end.

Few people know that insurance companies have no obligations for you to review your policies after you buy them because they benefit from clients who do not ask questions and from advisors who "file and forget."

The Financial Post published my article  in February that explains their reasoning. Read “Five ways to finesse your insurance policies” here.

You need to be proactive with your insurance portfolio, Get professional help from an experienced advisor who can review your current policies and make recommendations for change where appropriate.

There is nothing like a second opinion that can result in only 2 outcomes: it will confirm the adequacy of your current arrangements or inform you of problems you may be unaware of.

You’ll be ahead of the game either way.

Please be in touch to arrange a no-obligation consultation and get the peace of mind you deserve.

My team of advisors across Canada is available to help you. Contact us now to get started.

Call me toll-free at 1-866-566-2001 or send an email to info@illnessPROTECTION.com

I look forward to helping you and your family.

Stay healthy

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