The life insurance industry has a standardized pricing system called the Commissioners Standard Ordinary Mortality Rates (CSO). The most recent study was conducted in 2001. Prior to this study, the last prices were calculated in 1980.
“Over this 20 year gap, the table represents a 30 percent reduction in policyholder cost,” said David White, Owner of David B. White Financial, Inc. “This reduction could be even higher depending on when your policy was put in place.”
White informs that while the study was done in 1980, the lower prices were not implemented until 1988. Policyholders that bought insurance during the lapsed time period may actually be paying an even higher rate.
“Bottom line, there are a lot of policies that are priced better in the market,” said White. “The best way to ensure against over paying or getting less than you’ve paid foris to get a life insurance policy review completed by a knowledgeable advisor.”
For more information on how David White can help, please visit www.davidwhitefinancial.com.
For media inquiries only, please contact Jenn Horner at Jennifer@dnagency.com.
About David White:
David White has been practicing estate, tax, and investment planning for almost three decades. He is a tax attorney, Certified Public Accountant, Chartered Financial Consultant, and Chartered Life Underwriter.
White distinguishes himself from other financial advisors with his expertise in tax law, accounting, and his unique insights into the financial arena. The media experts seek him out for his keen discernment into the global financial horizon. He uses “safe” money strategies and non-market correlated investments to shelter his clients from the uncertainties of today’s market.
Securities offered through Centaurus Financial, Inc. Member FINRA & SIPC.
David B. White Financial, Inc. & Centaurus Financial, Inc. are not affiliated companies.
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