Menu

    
 
   ::  Home  

   :: Life Insur. policy
 		    
      :: Health
 		    
      :: Blogs
 		    
      :: Forum
 		    
      :: Links
 		    
      :: Directory    
   

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

LIFE SETTLEMENTS

A life settlement, also known as a senior settlement or viatical settlement, gives a policy owner a cash settlement in excess of (sometimes double or even triple) their current cash surrender value.

You can now turn that poor performing life policy into a significant financial asset.

The majority of life settlement transactions are entered into for the purpose of purchasing other valuable insurance and financial products. (i.e. annuities, LTC, current generation life products…)

A life settlement also presents insured individuals with a more desirable alternative to:

* A 1035 exchange

* Surrendering a life policy

* Letting a life policy lapse

Life settlements are the opportunity to provide a highly profitable alternative to your clients that are over age 65, or any age living with a serious illness. Financial professionals all across the country are building a significant profit center by offering their clients life settlements. This can be done without altering your focus or changing your current business plan.


 
   

Home Page

  
       
       
     Mini Blog.
 
    The decision to work with a settlement broker is up to the client, since financial advisors can submit the client's case to the life settlement provider directly. However, in an industry where market value for life insurance policies is not common knowledge, brokers typically do the best job of obtaining fair market value for a senior citizens policy. By submitting life insurance settlement cases to multiple providers, they are able to obtain a greater number of bids overall, and help facilitate negotiations between high bidders.