Permanent life insurance is priced on interest rates and costs that may not hold, and the longer a policy has been in force, the further it can drift. A flat-fee, independent review shows where your policy stands today and where it is headed.
Arctis Advisory LLC is a fee-only firm licensed as a Massachusetts Insurance Adviser. We do not sell insurance.
Many universal life policies sold in the 1990s and 2000s were illustrated at interest rates far above what insurers have credited since. When the credited rate falls, cash value grows more slowly, and the monthly cost of insurance, which rises every year with age, takes a larger share of it. A policy once projected to last to age 100 can now run out of money in the owner's eighties unless premiums increase.
Whole life dividends have also come down from where they were illustrated. Policy loans accrue interest and can reduce the death benefit or cause a lapse with tax consequences. None of this is easy to see on a yearly statement.
An in-force illustration requested from the insurer with your written authorization, showing the policy under current and guaranteed assumptions.
Where the original illustration is available, how the policy has performed against what was shown at the sale.
The cost of insurance trend, policy loan balance and interest, and how both affect the coverage over time.
Whether the policy is on track for its purpose, and if not, the options available and what each would change.
Call or email. We confirm the policy is a fit, then send the adviser agreement required under Massachusetts law and an authorization form for your insurer.
We request the in-force illustration and policy records directly from the insurance company. Insurers usually take a few weeks to respond.
You receive the written review, and we walk through it together by phone or in person.
Personally owned and trust-owned policies are priced the same way. The fee is set in the signed agreement and does not depend on what you decide to do afterward. Full fee schedule at arctisadvisory.com/pricing.
Arctis Advisory does not sell, place, or replace insurance and receives no commission or referral fee from any insurer, agent, or lender. If a review shows a policy should be changed or replaced, you are free to take the findings to any agent you choose.
Alex spent five years at a life insurance company, finishing in advanced case design, and four years as a principal at an executive benefits firm designing policies for organizations and their executives. He founded Arctis Advisory to give independent, fee-only analysis of life insurance, without a product to sell.
He holds a Massachusetts Insurance Adviser license and a Massachusetts life insurance license. For organizations and executive benefit plans, see arctisadvisory.com.