Life Settlements
A life settlement is the sale of a life insurance
policy covering a person who has a limited life expectancy -- normally 10 years
or less. It presents a unique opportunity to extract the maximum value of a
Senior’s existing life insurance policy and repurpose those funds for whatever
financial needs they may have. Until recently, the owner of an unneeded or
unwanted policy had two options – sell the policy back to the institution that
issued it for its cash surrender value (if any) or allow the policy to lapse. By
utilizing the services of Acies Life Settlements ("ALS"), your client's
life insurance policy will be submitted throughout the secondary market. Each
new offer generated through this process results in more money for your client,
thereby providing a greater financial portfolio for you to manage as their
trusted financial advisor or agent.
ALS will broker an existing policy for an amount greater
than the policy's cash surrender value, or greater than the amount the
policyowner would receive if they choose to allow the policy to lapse. In most
cases, the policy being considered for sale is not performing to the
expectations of the policyholder. Sometimes, the original need for the policy
has changed, and the premiums to keep it current have become a financial burden.
This option should be considered whenever your client is over the age of 65, or
with significant health challenges, and is considering surrendering or lapsing a
life insurance policy. Learn how both you and your client can benefit by
allowing ALS to provide a FREE NON-BINDING APPRAISAL of any life insurance
policy today.
When properly employed, a life settlement offers an opportunity
for your Senior client to benefit from no longer wanted or needed insurance
coverage. The majority of secondary market transactions result in the sale of
another financial product or service with the capital generated by the sale of
the original policy. Case studies have indicated how this capital may be used to
broker a new and better performing insurance product proven more suitable for
your Senior client's current needs.
For more information about Acies Life Settlements, call Jack Herbst at: 917-723-0896.
