A New Option Can Yield Significant Financial Value

A life settlement is the sale of an existing life insurance policy to a life settlement provider. Life settlements are an option for policyholders who determine that their current policy is underperforming or is no longer needed due to changes in the owner’s financial or other circumstances. With a life settlement, a policyholder can convert an unwanted life insurance policy into a lump sum settlement. The average settlement is approximately four times the cash surrender value.

With a life settlement, you can now help qualifying clients proactively plan and use their life insurance policies as a source of liquidity.

The benefits of a life settlement are significant:

• Eliminate premiums on an unneeded or unaffordable life insurance policy
• Generate more cash than if the policy were surrendered
• Redirect funds from a dormant asset to better serve current financial goals
• Provide cash for charitable causes, gifts, medical expenses or any other purpose
• Use proceeds to purchase a more efficient, up-to-date model of life insurance.

Think you may qualify for a life settlement? Find out with our Settlement Forecast