Turn Term Policies into Cash With a Life Settlement
The authors give four examples of transactions involving convertible policies.
5 pitfalls to avoid when assisting clients with a life settlement
Most seniors who lapsed a life insurance policy would have considered a life settlement had they been aware of the possibility.
A long-term care plan for clients who have failed to plan
Cash from a life settlement can be used to fund a long-term care benefit plan or a medically underwritten immediate annuity guaranteeing an income for life.
Is a life insurance settlement right for your client?
Determining whether an insurance settlement is the right step for your client may be more difficult than you think.
Life settlement = solution to rising senior health care costs
You have a unique opportunity to identify life insurance assets that can be used to maximize retirement income and help cover health care costs.
More than 8 in 10 seniors unaware of life settlement option
Thousands of seniors lapse life insurance policies without knowing about alternative options, including a life settlement.
Georgia law prohibits silencing of agents on life settlements
The disturbing truth is that many life insurers don’t want their customers to know about options available to them if they no longer need or can afford the premiums on their policies.
At a tipping point: COI increases for seniors owning UL policies
The life settlement market offers a ray of sunshine for senior UL policy owners who may have thought the sky had fallen.
Are life insurance companies betraying their senior policyholders?
It is time for regulators to take notice and inform life insurance companies that they owe their customers access to the important information they need to make the best personal financial decisions.
The benefits of recommending the sale of a client's life insurance policy
There are a variety of additional benefits to financial advisors from recommending the life settlement option to appropriate clients. Here are a few.