Southfield, MI. –Financial Advisor Russ Jalbert informs life insurance policy holders that they may be paying as much as 70% too much for their life insurance.

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 Russ Jalbert, President of Jalbert Financial Group. “This reduction could be even higher depending on when your policy was put in place.”

Jalbert 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 Jalbert. “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 Russ Jalbert can help, please visit www.jalbertfinancial.com.

For media inquiries only, please contact Jenn Horner at [email protected].

About Russ Jalbert:

Russ Jalbert, CFP, has been a top financial planner for nearly four decades. During that time, he played an active role in the Reagan Administration and amassed an impressive list of accolades.

America’s ‘Dean of Financial Planning,’ Jalbert now points his clients to the solace of much safer products and approaches, and his record speaks for itself. When the market began its ascent in 2003, Jalbert’s clients were enjoying returns of five to seven percent, growing steadily but not as fast as the market from 2003 to 2007. When the market plummeted in 2008, losing half its value and causing panic, Jalbert’s clients didn’t lose a penny.

As if all of these accomplishments were not enough, Jalbert is also an accomplished radio personality and author. The Jalbert Financial Forum airs on WMUZ 103.5 Saturdays from 2 to 3 p.m.

Jalbert has also written several books covering a wide range of issues. His first book, “Giving: Philanthropy For Everyone,” was published in 2003 and raised $125 million. His most recent book, “Rescue Your Retirement,” offers readers all of the new methods and strategies that are keeping his clients in good fiscal health.