The MY LIFE AUDIT is an essential resource created by Newman + Cohen.  In today’s severe economic downturn, in-force life insurance policies are lapsing, prepared to lapse, and insurance companies are passing along their losses in the form of skyrocketing premiums to non-guaranteed products.  Our mission is one that focuses 100% on the client. The objectives of utilizing the MY LIFE AUDIT process are to review policy performance, avoid lapses, determine if it is necessary to continue paying premium, and review the policy as compared to the entire marketplace to look for substantial savings.

Once this is accomplished we identify ways that the client can take advantage of improvements to the policy’s performance and/or savings on their premiums, as well as the current carrier’s financial strength.  By putting the client first we become an essential resource to both the estate planning professional as well as the client.

Click Here to View the My Life Audit Process

65% -75% of Life Insurance Policies are underperforming, are at risk of lapsing, or could be
replaced at a lower cost with the same or better guarantees! 

83.5% of Professional Trustees have NO guidelines or procedures for handling trust-owned life insurance.

MY LIFE AUDIT is a complimentary service where we work with individuals and Estate Planning professionals to improve Life Insurance coverage. Newman+Cohen will put together a professional and detailed report after our review that includes the following: 

1. Carrier Financial Strength
2. Projected Policy Performance and Associated Risks
3. Premium Evaluation (can policy be obtained less expensively)
4. Determine Appropriate Coverage (Including Guarantees)
5. Evaluation of Current Health Classification in Light of Medical Advancements and Relaxed Underwriting Standards
6. Review of Owner and Beneficiary Information for accuracy  

Is the life insurance policy that is owned as strong as the estate planning documents
that were prepared to protect families and their estates? 

For a FREE consultation, please contact us at 1-866-435-4436 and ask for Karen, who will direct you to the appropriate professional.

To learn more about Newman+Cohen Financial Management and the
services their company provides click HERE

Read this important article from the Wall Street Journal about using life insurance to cover estate tax