Policy Review

Why Conduct a Capitas Policy Review?

Would you review a mortgage to see if you are getting the best rates? Would you check a stock portfolio and adjust the mix as time goes on? So why then do so many people overlook opportunities to maximize an investment in the life insurance market?

When you purchased your life insurance policy, you invested in a financial plan designed to last a lifetime. However, this lifetime coverage should not be put aside and forgotten. The strength and performance of your life insurance policy is determined by a variety of factors, such as lifestyle changes, family needs and financial goals and industry pricing changes, all which may require modifications to your coverage.


When is it time to review your life insurance policy?

The questions below are good indicators you should consider when reviewing your policy.

  • When was the last time you reviewed your policy?
  • Does your existing policy offer enough coverage for your needs?
  • Have your needs (financial, health, lifestyle, etc.) changed since you purchased or last updated your life insurance policy?
  • Are the insurance products you’re currently using still competitive and cost-effective, given recent improvements in product pricing?

What will a Capitas Policy Review do for you?

  • The policy review will provide you with a detailed analysis of the status of your life insurance policy.
  • The analysis will allow you to view the options available with your policy and the advantages and disadvantages of each.
  • The review is provided as a courtesy to you. The review allows you to better understand your life insurance policy performance.

What are the components of The Capitas Policy Review?

Once the policy information has been entered into Capitas’ proprietary software, a report will be generated including the following information:

  • an overview of the Capitas Policy Review
  • a succinct summary of the policy’s features
  • a brief analysis of the policy’s performance including:
    • alternative options
    • advantages and disadvantages of each option
  • options on how to proceed