Free life insurance policy review
A life insurance review checks whether the coverage you bought years ago still fits the family you have today: the amount, the type, the term end date, the beneficiaries and the price. A licensed KAV advisor goes through every policy you hold, including coverage through work, and shows you what to keep, what to fix and what a change would cost. Keeping everything as it is can be the right answer.
- You never pay KAV a fee
- $0
- Including coverage through work
- Every policy
- Not tied to one company
- Multiple insurers
What we check
- The amount: what your family would still have to pay for if your income stopped, minus what already exists. The gap is often smaller than a sales pitch suggests and larger than most families assume.
- The type: whether term or permanent coverage fits the need and, for a permanent policy, whether it is performing as illustrated.
- The end date: when each term policy expires and how old you will be. A 20-year term bought at 38 ends at 58.
- The beneficiaries: a named primary and contingent on every policy, current after any marriage, divorce or death, and no minor named directly (why that matters).
- The price: whether you are paying above today's market for the same protection, compared across the insurers KAV advisors work with.
Why a second look pays off
Policies stay exactly as written while incomes, mortgages and families change. In 2026, 18% of U.S. life insurance owners said they did not have enough coverage, and about 3 in 4 adults overestimated what a basic term policy costs (LIMRA and Life Happens, 2026 Insurance Barometer). Coverage through work usually ends when the job does, so it rarely protects a family on its own.
How it works
- 1
Gather what you have
Your policy documents or latest statements and your employer benefits summary. For a permanent policy, an in-force illustration from the insurer helps if you can get one. - 2
Review it together
By video call or phone, a licensed advisor walks through the five checks above with you and writes down each finding. - 3
Decide in your own time
You get the findings in writing. Keep, adjust, add or replace: the choice is yours, and nothing is sold on the first call.
Before anyone changes a policy
Three rules protect you, whoever you work with:
- Never cancel a policy until the new coverage is approved and in force. Not applied for: in force.
- Replacing a policy means new underwriting. A health change since you first applied can raise the price or limit your options.
- Permanent policies can carry surrender charges. Leaving early can cost more than staying.
What it costs, and how KAV is paid
The review is free and you never pay KAV a fee. KAV advisors are licensed insurance professionals who work with multiple insurers. If you choose to buy or replace a policy through your advisor, the insurance company pays them a commission. If you keep what you have, the review has still done its job.
You can confirm any agent's license with your state insurance department; in Pennsylvania, use the Insurance Department license search. Our disclosures explain the rest.
When to review
Once a year, and straight after any of these:
- Marriage, divorce or the death of a spouse
- A birth or adoption
- Buying, selling or refinancing a home
- A big change in income, or starting or selling a business
- A change in health for you or a dependent
- Becoming responsible for an aging parent
Common questions
Is the life insurance review really free?
Will you tell me to cancel my current policy?
Can you review coverage I have through my employer?
What if I don't have a policy yet?
Keep reading
- How to review your life insurance policyThe five-step version you can do yourself in an evening.
- Free financial needs analysisSize every gap, not just insurance, in about 45 minutes.
- Life insurance for stay-at-home parentsHow to put a number on unpaid work, with a worked example.
- Can a minor be a life insurance beneficiary?What happens, and the better ways to leave money to a child.
- Term vs whole life insuranceHow the two work, what each costs, and who each one suits.
- Group vs individual life insuranceWhat your cover at work does, and what happens when you leave.
Find out whether your coverage still fits
A free review by a licensed advisor. Keep, adjust or replace: you decide.