Agents & Financial Planners

Benefits to Agents:

• Commission from life settlement transaction
• Maintain renewal income on policy sold
• Conversion commission if term policy is converted to permanent insurance
• Earn commission on new policy issued: 1 of 5 policies sold results in the purchase of a new policy

Life Settlement proceeds can be used toward reinvestment opportunities such as:
paying for long term care insurance, buy back partnership interest, purchasing a survivorship policy, purchasing additional securities, mutual funds, annuities, long term investments, and new life insurance.

How to Prospect your Clients

• Clients who plan to have policy lapse or surrender policy
• Clients who qualify for better performing policy
• Clients whose estate tax needs change
• Clients who are retiring with key man policy
• Clients who plan to donate policy or gift it to family members
• Clients who need additional liquidity
• Clients who can't afford premiums on a policy
• Clients whose insurance needs have changed
• Clients whose cost of living has increased
• Clients who are going through bankruptcy

Benefits to Financial Planners:

You can be even more successful

You have established your business by being informed of innovative strategic financial planning options. You always look out for your clients needs first. As a fiduciary representative your responsibility includes adapting to new financial opportunities that can protect, expand and support your client’s financial fitness.

Life settlements may be the best strategy for your client in the following situation:

• Changing financial needs
• Spouse or children no longer need protection
• Estate needs have changes
• Charitable giving needs
• Need for long term care insurance
• Inability to afford premiums
• Lapsing or unnecessary key-man insurance
• Purchase a more appropriate life insurance policy or a better performing investment