Phoenix, AZ. –Financial Advisor Teresa Bear 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 Teresa Bear, President of JC Grason of Mesa, LLC. “This reduction could be even higher depending on when your policy was put in place.”

Bear 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 Bear. “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 Teresa Bear can help, please visit www.jcgrason.com.  

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

About Teresa Bear:

Teresa Bear is the President of JC Grason of Mesa, LLC and specializes in retirement planning and asset preservation for retirees and their loved ones. She has been a Certified Public Accountant practicing in the area of taxation for more than 25 years and is also a Certified Financial Planner ™.

Teresa is a graduate of Graceland University in Iowa and has an MBA from the University of Kansas. She is also the author of the book She Retired Happily Ever After.