Life settlements

Opting for a life settlement can present an excellent alternative to simply accepting whatever surrender value the insurance company offers, if any.

Help your clients discover the hidden value in their old life insurance policy! Policy owners often outgrow the usefulness of their life insurance and assume their only choices are to let the policy lapse or surrender it to the insurance company. There’s a better option available with a life settlement, you can convert the policy into cash. We’ve partnered with leading life settlement companies that have already helped tens of thousands of policy owners explore their options. Help your clients find value in their old policies today!

Most common life settlements situations

keeping an eye out for these situations is a great way to help your clients.

The sale of a business or other illiquid asset.
A policy bought for buy-sell or estate liquidity may become unnecessary.
A business owner retiring or sale of business. Policy originally bought for buy-sell, key person, creditor protection.
A decline in estate value or decrease in estate tax liability. Policy originally bought for estate planning.
A term policy that is about to expire.
A policy that is no longer affordable.

REFERENCE GUIDE

TRADITIONAL LIFE SETTLEMENT

POLICY TYPE: Convertible Term, Whole Life, Indexed Universal Life, Survivorship Universal Life, Universal Life, Variable Universal Life

AGE: 70+
FACE AMOUNT: $100k +
HEALTH: 4 Tables of Health Change Since Issue

CONVERT TO CASH

POLICY TYPE: Guaranteed Universal Life

AGE: 63+
FACE AMOUNT: $2m +
HEALTH: Standard or Better at issue

GUARANTEED UNIVERSAL LIFE

POLICY TYPE: Guaranteed Universal Life

AGE: 73+
FACE AMOUNT: $250k +
HEALTH: Any

NON-CONVERTIBLE TERM

POLICY TYPE: Non-convertible Term Insurance

AGE: Any
FACE AMOUNT: $100k +
HEALTH: Severe Impairments

WHOLE LIFE - LOAN RESCUE

POLICY TYPE: Whole Life

AGE: 50 to 65
FACE AMOUNT: Any
CASH VALUE: $500K to $2.5M
HEALTH: Any
CARRIERS: Mass Mutual, Penn Mutual, New York Life, Ameritas, Guardian Life Northwestern Mutual

If you have a case that you believe may meet the criteria please complete the short form below and we will provide a valuation response within 48 hours.