Many people do not realize that their life insurance needs may have changed since they purchased this important benefit. When you purchased your policies, you may have made certain assumptions about policy charges, interest rates, planned premiums and other issues.  The original reason for your purchase may still exist, yet your needs may have changed, requiring more or less coverage.  Whether a business scenario such as use for funding a buy-sell agreement or a personal scenario such as use for income replacement it is critical to ensure your live insurance coverage and policy provisions are keeping pace with your changing needs.  Additionally, due to recent changes in mortality trends and aggressive pricing your policies may be overpriced.  Click on the following links below for a more detailed description of the Life Insurance Audit process and some examples of completed Audit.