Regular policy reviews are essential to ensure your coverage continues to align with your evolving needs, goals, and circumstances. At Crocker Financial, we recommend a structured review schedule complemented by event-triggered evaluations:

Recommended Review Schedule:

• Annual Comprehensive Review
  • Complete evaluation of all policies
  • Assessment of coverage adequacy
  • Review of beneficiary designations
  • Evaluation of premium efficiency
  • Analysis of any cash value growth (for permanent policies)
  • Comparison with current market offerings
• Quarterly Brief Check-ins (recommended for complex portfolios)
  • Quick verification that policies remain in force
  • Confirmation of premium payments
  • Discussion of any emerging questions or concerns
• Biennial Deep Dive (every two years)
  • Thorough financial needs analysis
  • Detailed review of policy performance
  • Comprehensive insurance portfolio audit
  • Long-term strategy alignment assessment

Life Event Triggers for Immediate Reviews:

Certain life events should prompt an immediate policy review, regardless of your regular schedule:

• Family Changes
  • Marriage or divorce
  • Birth or adoption of children
  • Children reaching adulthood
  • Death of a family member
  • Becoming caregiver for a parent
• Financial Situation Changes
  • Significant income increase or decrease
  • New mortgage or refinancing
  • Major asset purchase or sale
  • Business acquisition or sale
  • Inheritance or windfall
  • Significant debt changes
• Career Developments
  • Job change or promotion
  • Career transition
  • Approaching retirement
  • Starting or closing a business
  • Changes in employee benefits
• Health Status Changes
  • Significant health improvement
  • Diagnosis of medical conditions
  • Lifestyle changes (smoking cessation, weight loss)

What Our Policy Reviews Include:

1. Coverage Evaluation
   • Analysis of current coverage vs. actual needs
   • Identification of coverage gaps or redundancies
   • Assessment of appropriate coverage amounts
2. Beneficiary Verification
   • Confirmation of current designations
   • Discussion of any needed updates
   • Review of contingent beneficiaries
3. Premium Efficiency Analysis
   • Evaluation of current premium rates
   • Exploration of potential cost savings
   • Review of payment methods and frequency
4. Policy Performance Assessment (for permanent policies)
   • Review of cash value growth
   • Comparison to projected performance
   • Analysis of dividend performance (if applicable)
   • Discussion of policy optimization opportunities

Regular reviews ensure your insurance portfolio remains optimized as your life evolves. We make this process convenient through flexible meeting options (in-person, virtual, or phone) and by preparing analysis in advance to make efficient use of your time. Our proactive review approach helps prevent coverage gaps, missed opportunities, and ensures your protection strategy continues to serve your evolving needs.