Policy Audit & Review (PAR) Process

Put your policy to the test. Get better coverage.

Do you, your company or one of your trusts own a cash value life insurance policy that is more than 10 years old? Does the policy hold a total insurance amount of more than $100,000?

If you answered “yes” to these questions, your policy may be due for a checkup — and that’s where our Policy Audit and Review (PAR) Process can come into play.

Simply having coverage isn’t enough.

Cash value life insurance is one of the most important elements of a sound, long-term financial plan; it can protect you, your business and your loved ones against the unexpected.

But the reality is that many people don’t manage or review their policies as often as they should — and that’s a mistake, because life insurance is one of the few consumer products that has actually declined in price over time. Plus, the number of cash value life insurance options has exploded in recent years, thanks to advances in technology and financial engineering.

The result?

Policyholders who “set and forget” their cash value life insurance assets may be missing out on valuable opportunities to enhance their coverage and boost their bottom line.

How can you benefit from the PAR Process?

We will review and gain an understanding of your existing policy, your financial needs and current situation, and what you can expect for pricing on alternative life insurance options.

Our team will compile these findings into one, easy-to-follow report, which will help you answer key questions like:

• Can you reduce the cost of your existing policy to retain coverage?
• Can you get more coverage for the same cost?
• Is your current insurance provider financially stable?
• Are the ownership and beneficiary arrangements appropriate?
• Does your policy still meet your financial needs?

You will also receive a straightforward action plan for implementing the recommendations presented in the PAR Report.

Wipfli Financial Advisors, LLC (“Wipfli Financial”) is an investment advisor registered with the U.S. Securities and Exchange Commission (SEC); however, such registration does not imply a certain level of skill or training and no inference to the contrary should be made. Wipfli Financial is a proud affiliate of Wipfli LLP, a national accounting and consulting firm. Information pertaining to Wipfli Financial’s management, operations, services and fees is set forth in Wipfli Financial’s current Form ADV Part 2A brochure, copies of which are available from Wipfli Financial upon request at no cost or at www.adviserinfo.sec.gov. Wipfli Financial does not provide tax, accounting or legal services.

Insurance products, both securities and non-securities, when offered, may be offered through an affiliated broker-dealer/insurance agency Wipfli Insurance Services, LLC, member FINRA; Office of Supervisory Jurisdiction: 2501 Beltline Hwy, Suite 401, Madison, WI 53713, 1-608-270-2918. Securities may also be offered through ValMark Securities, Inc. Member FINRA, SIPC; 130 Springside Drive, Suite 300, Akron, Ohio 44333-2431, 1-800-765-5201. Wipfli Financial is a separate entity from ValMark Securities, Inc.