Why is there an evaluation of my insurance needs?

To make sure the right insurence benfit has been advised and provided,based on needs analysis and disposable income and a person has been over insured or under insured.

Thanks for invitation,

In order to calculate the exact premium to be paid by the client, and on the other hand minimizing risks taken or companciations may be paid by the insurance company or the insurer.

Decide whether to buy a cash value policy or term insurance.    Decide among two or more cash value policies you are considering.    Learn how to reduce sales costs in a new policy.    Decide whether your existing cash value policy is worth keeping.    Learn of options with your existing cash value policy.

agree with expert valuable comments regarding the evaluation of inusrance.

Thank you very much , for a simple and commercial risk you may consult an insurance company's underwriter after submission of the required information by filling a proposal form to enable  him accurately assess and evaluate the risk and expedites an adequate advise , or you may consult your insurance agent or broker if any .

For substantial risk such as industrial business , both the insurance company and the insured needs to appoint a professional surveyor to assess and evaluate the risk for pre - risk survey and also after risk survey .

My best wishes , and Happy New Year .