HomeLife settlement represents a new business opportunity for both advisors and clients.
Life settlements have changed the way we think about life insurance.
For consumers, life settlements and the secondary market for life insurance have unlocked the market value of life insurance, transforming unneeded or unwanted policies into significant value that can be used to fund a variety of financial and personal goals.
For advisors life settlements offer a host of new opportunities for providing added value and service to your clients, and solutions that are not widely known.
The life settlement industry represents a new market, creating new solutions and gaining extraordinary value for the clients. Life insurance represents a valuable financial tool to various people, whether it is business or personal. Over time, needs change. Loans are repaid, executives retire, estates become smaller, people divorce, beneficiaries die, or better yet, the policies are no longer needed. Many life insurance policies may be too expensive to maintain. Life settlements present a compelling alternative to retaining or surrendering policies by allowing policy holders to access the market value of the policies, significantly more than the surrender value for any of the policies. This can create enormous opportunities for policy holders and advisors.