Life insurance and other insurance related products are very complex financial instruments. These products are often sold by agents not sufficiently trained to work in a complex environment or the agents are commission driven and place their interest before their clients’ best interest. Regardless why, our MyLifeAudit™ process has uncovered numerous insurance sales or schemes involving life insurance that are inappropriate and have injured the client. In most instances, the financial- and emotional-related injuries have occurred for the following reasons:
- The agent did not collaborate with the client’s trusted advisors amounting to a product sale versus a cohesive plan
- New agents do not have the experience to properly sell the right products and solutions
- The life insurance industry has many unethical agents focused singularly on generating the highest commission versus finding the most appropriate solution
- The elderly are targets for life insurance and financial product abuse
Our services include, but are not limited to:
- A review of the original needs of your client
- A determination if the insurance program or products were appropriate
- Assist in determining the financial loss suffered by your client
- Provide litigation support and direction
- Provide expert witness services if they are needed
If you feel your client has been improperly sold a plan or product contact us as our initial review is complimentary.