WE PROVIDE INDIVIDUALIZED, ONGOING SERVICE WITH SPECIAL ATTENTION TO PERFORMANCE, POLICY VALUES AND PRICING.
Today’s life insurance products require monitoring over time to head off unanticipated results.
Many companies may boast about their life insurance service, but few provide the level of attention offered by Cohn Financial Group. When one or more life insurance products are acquired, expectations are established about how the policies will perform over time. One of the most important functions Cohn Financial Group provides is timely information regarding policy charges, investment performance, and how those impact policy values. Our early warning detection system can head off unanticipated results.
Twenty-five percent of Cohn Financial Group's staff is dedicated to servicing client policies by providing you with monthly, quarterly, and annual reports to ensure that performance is tracking expectations. While others make you wait a whole year for performance tracking, you will receive reports from Cohn Financial Group up to 12 times in a year to help you make timely adjustments, when needed.
With the belief that performance and cost should be measured over the life of an insurance product, not with an initial illustration or the first year premium, M Financial works closely with Carriers to monitor service, experience, and performance of in-force business to ensure that proprietary products continue to be effective. As a result of this dedicated level of oversight, pricing enhancements, supported by experience data, have historically been applied to both new sales and in-force business—providing a level of service to clients that is rare in the industry.
ADDED CONSULTING SERVICES HELP CLIENTS, ADVISORS AND TRUSTEES DETERMINE IF POLICIES ARE WORKING AS DESIGNED.
Cohn Financial Group consults on a variety of engagements to carefully scrutinize policies for performance and provide in-depth reviews.
Data shows that nearly 50% (Source: Steve Leimberg’s Estate Planning Newsletter #891 (November 16, 2005) of all in-force life insurance policies can be improved. Cohn Financial Group provides a professional, objective, third-party assessment of existing life insurance policies to help clients, advisors and trustees determine if the policies are working as originally designed, are performing as they should, and are continuing to be competitively priced.
Trustees of life insurance trusts have a fiduciary responsibility to examine trust-owned policies with the same scrutiny given to other trust assets and produce reasonable returns for beneficiaries. Yet, the trustees (usually lawyers, banks or financial institutions) may lack the understanding and skills to manage life insurance policies, know how the policies are really performing, have no directives from the grantor, or are able to spend the time for an in-depth review. With Cohn Financial Group as their insurance partner, trustees can better meet their fiduciary responsibilities regarding policy reviews of the original goals and policy design, historical performance, options to potentially reduce policy charges and replacement coverage alternatives.