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Financial Planners

You know better than anyone else what your clients' financial needs are. Why advise your clients about Life Settlements?

Secondary Market For Life Insurance:
In a Life Settlement transaction your client will always get more than cash surrender value for their policy. This secondary market opens up a whole new perspective on disposing of unwanted or unaffordable life insurance policies. Now, when advising your clients to dispose of their Life Insurance policies, the opportunity exists to produce substantially more cash than cash surrender value. Even Term Insurance policies can qualify for a Life Settlement.

There is no longer a need to cash in a life insurance policy for cash surrender value or let a term policy lapse. Now your clients can sell their policies to a third party (not the insurance company). Advise your clients about a Life Settlement today!

How Do You Benefit From Advising Your Clients About Life Settlements?

Your client gets cash that needs to be invested and managed by you. More commissions from additional investing!
You satisfy your fiduciary responsibility to your clients by giving the best advice possible.
Your clients recognize your expertise and good advice and refer more business.

Does Your Broker/Dealer Prohibit Your Involvement In Life Settlement Transactions?

You still have a fiduciary responsibility to your client. Don't cause your client to leave money on the table. Call us at 877.588.5558 or email us and we'll send you some well respected articles on this subject.
Refer the business - you do not have to have actual involvement in the transaction. If you are not involved in the transaction you still benefit as follows:
1. Your client receives cash that you invest on his/her behalf.
2. In the event you are involved with the life insurance policies - the original policy remains in force and renewal commissions continue.
3. In many cases your client will use proceeds to purchase a new policy on which you will receive a new commission.
4. You have given advice that is best for your client.

Which Clients Qualify For A Life Settlement?

If you have a client who:

is at least 65 years old,
has a life insurance policy (all types, including term) of $50,000 or more,
and has had a change in health since the policy was issued, your client might qualify for a Life Settlement. A Life Settlement can produce substantial cash from a life insurance policy that is no longer needed or wanted.

Why Would Your Client Sell A Life Insurance Policy?

Your client needs cash!
Cash is needed to buy a new paid up life insurance policy.
Cash flow is tight and monthly premium payments are too high.
Cash is needed for medical care.
Cash is needed for assisted living or a nursing home.
Cash is needed to fund children's education.
Cash is needed to get out of debt.
Cash is needed to purchase long-term care insurance.
Cash is needed to fund your client's retirement.
Cash is needed to fulfill your client's family charitable giving plan.
Cash is needed to make family gifts.
Cash is needed to replace an underperforming life insurance policy.
Cash can be used to purchase other investments.
Cash is needed to buy back stock from a business partner.

A Life Settlement is a great way to improve upon an estate plan or to fund a charitable giving program. In the case of a charitable gift, your clients could get a substantially larger tax deduction when coupled with a Life Settlement.

Larger Tax Deduction - More cash for charity -

Benefit to the Donor:

Get a substantially larger charitable deduction over and above cash surrender value for gifting a life policy to a charity.
Tax deduction for sales vs. cash surrender value.
Convert a generally worthless asset, such as a policy that will soon lapse or be surrendered, into an asset of significant value.
Provide funds for charitable giving.
Relieve the individual or organization of further premium obligations.
Provide individuals with philanthropic options.

Benefit to the Charity: