Sometimes people throw away something good for something better, only to find out later that good was actually good enough and better never even came close. Trade in an old Vette with half the rear window blocked for a brand new Vette with a rear window that opens. Now that's a good deal?!?!? Sometimes trading in something old for something new is a good idea. Sometimes it's not. What's important is to get proper value for your hard earned assets. The low interest rate environment since 2008 was challenging for life insurance carriers because their assets and liabilities are heavily exposed to interest rate movements. Their earnings are mostly derived from the spread between their investment returns, which are mostly interest, and what they credit as interest on their products. During times of persistent low interest rates, the spread between interest earned and interest credited is compressed, which not only reduces net income for the insurer but also has forced them to lower the dividend they credit on in forced policies. That means policies could lapse before the illustrated date even though the policy owner is still alive. Diamond In The Rough Regularly reviewing the performance of your insurance policy to ensure it’s still on track to pay out the sum assured is important. Do you remember the last time? Name Email Address Phone Question Thank you! Oops!