Life Settlement Information for Financial Advisors
Life settlements are becoming increasingly popular in financial planning. Until recently, policyholders had two options with regards to their policies; surrender the policy for the cash surrender value, or let the policy lapse. As a financial advisor, you have the opportunity to offer your client’s a third, more viable option. By showing your client’s that they can sell their policy on the secondary market to the highest bidder you potentially improve the financial condition of your client and uphold your fiduciary duty to them with respect to their life settlement options.
When you work with Policy Refund, you can be sure that policy you present will be reviewed by every reputable licensed funding source. This creates a competitive bidding environment between the funding sources and results in higher bids for your client’s policy. As a result, your client has more capital to invest for their current or future financial needs.
If your client has unwanted or unaffordable life insurance, consider the following:
1. Review your client’s current financial situation and determine if they have the correct amount of coverage to meet their current needs. If their coverage is to great, or to small, a life settlement may be an option to consider if they choose to eliminate or change their current coverage.
2. If your client is interested in initiating a life settlement, please click here (Life Settlement Qualify) to see if they meet the basic qualifications for entering into a successful life settlement. If you prefer to speak directly to a specialist, please call us at 1-888-973-8377.
3. Remember to work with a licensed life settlement broker. According to the NAIC Adopted Model Act definition regulating life settlements, “ A life settlement broker is deemed to represent the policy owner and owes the policy owner a fiduciary duty”.
Source: Life Settlement Pro, www.lifesettlementpro.com
Call us toll free at 1-888-973-8377 for a free policy evaluation to see the amount you can receive and if you qualify. You can also fill out our online form.
|
|
