In a previous post, I discussed the importance of having a life insurance policy analysis done on a regular basis. I was recently reminded of the importance of policy reviews when I received correspondence from a life insurance carrier whose policy expenses exceeded what was necessary to support the death benefit. Though the mistake was quickly and responsibly reversed by the insurance carrier, it was the proactive policy review which identified the issue and helped to restore the benefits before the problem resulted in a policy lapse.
Much can go wrong inside of a policy, though with proper, timely analysis and reviews, the issues can be detected and often fixed before the policy is rescinded.
Be sure to contact a life insurance expert to have a review completed on your life insurance policy.