88% of Universal Life and 99% of Term Policies do not result in a payout of the Death Benefit.* This occurs because most policy owners decide they don't want, don't need or can't afford their policy. Let us help you get on the right side of that equation.
If you have a client that is over 70, owns a policy of $500,000+ and is either considering canceling the policy for its Cash Surrender Value or letting the policy lapse, let us do a FREE appraisal and see what its true market value is.
If you belong to one of the following groups, we look forward to working with you in maximizing the market value of your clients' unwanted or underperforming life insurance policies:
Life Settlements offer a unique opportunity both to the policyholder and to the insurance/financial professional. As circumstances change, the ability to obtain cash from the sale of a life insurance policy can be particularly valuable. The majority of Life Settlements transactions are entered into for the purpose of purchasing other valuable insurance and financial products. Life Settlement proceeds are unrestricted and can be used to fulfill a wide range of financial and estate planning objectives for your client. The settlement amount is determined by such factors as the policy parameters, age, and health of the insured.
Reasons why a policy may no longer fit your client’s current needs and you may be inclined to Surrender or Lapse:
Benefits to the Advisor:
Benefits to the Client: