Scenario
Renewals nobody is watching
Each policy and facility renews on its own date, and the reminders go to different people.
- The situation
- The family's insurance, bank facilities and loans sit with different providers. Nobody holds the renewal dates in one place or checks them against the cash the family will need.
- What we would do
- We track insurance renewals alongside the family's bills and tax deadlines, review insurance, banking and lending as part of the family's plan, and forecast cash flow for the payments ahead.
- Where it leaves the family
- Renewals and large payments are seen coming, not discovered on the day.