checklist

Existing Policy Review Checklist

Build a structured list of what to examine in a policy you already own, organised by priority. It asks questions; it does not answer them for you.

Policy type

Policy owner

Outstanding policy loan

Current performance

Insured's age

Generated checklist — 0 of 6 complete

Do these first

Request a current in-force illustration at guaranteed and current assumptions.
Ask the carrier in writing whether cost-of-insurance rates have been increased on this series.

Standard review items

Re-verify primary and contingent beneficiary designations against the current estate plan.
Re-check carrier financial strength ratings and any recent rating actions.
Inventory riders still being paid for — waiver, term riders, LTC/chronic illness — and confirm they are still needed.
Compare a §1035 exchange against keeping the current chassis, including basis and loan carryover.

Have an advisor run this review

Methodology

Rules-based scoring across policy type, funding history, age of contract, loan status and ownership structure. No carrier data is queried and no premium quote is produced.

Limitations

The checklist organises considerations. It does not evaluate your policy, price coverage or recommend an action.
Answers are not stored and nothing is sent anywhere unless you submit a review request.
Contract-specific rights — conversion, guarantees, loan terms — can only be confirmed from your own policy documents.

Review and updates

Reviewed by: Advisor Name Pending
Last updated: 2026-01-01
Standards: Our review process

An in-force review of the policy you already own, read by a licensed advisor.

Request a Policy Review

Next step

Request a Policy Review

An in-force review of the policy you already own, read by a licensed advisor.

Continue

Advisor Name Pending

Lead Advisor & Editorial Reviewer

CLU (pending verification)

ChFC (pending verification)

Placeholder profile. Licensing, NPN, appointment history and credential verification are captured during editorial onboarding before this profile is published.

NPN:: PENDING_VERIFICATION
Licensed:: Non-producing editorial role
Verified:: 2026-01-01 (2026-01-01T00:00:00Z)

Editorial policy Licensing & disclosures

Related cluster

In-Force Policy Review

How to audit a life insurance policy you already own, and what the in-force illustration actually tells you.

Related decision pathways

Keep
The policy still does its job. Document why and re-test.
Review
Pull an in-force illustration before anything else.
Modify
Adjust face amount, premium, or riders in place.

In-force policy audit

Send us the policy you already own.

We request the in-force illustration, read the contract language, and return a written summary of your options. No quote required.

Request an audit