ADD LIFE SETTLEMENT VALUE TO YOUR POLICY REVIEWS
"When clients cancel policies, the carrier benefits. When the client settles, the client (and the advisor) wins!"
Time and circumstances change the need for life insurance. Don't allow clients to lapse or surrender unneeded life insurance policies without first checking for life settlement value. The funds from a life settlement can be used for other planning needs - new coverage on healthier insureds, retirement, investments, long-term care, and even charitable contributions.
Request education or training for your clients and COI relationships.
Valuing existing life insurance assets is a crucial step in preparing clients for potential tax changes that could impact their financial plans. Life insurance is a protection tool and a vital asset in wealth transfer strategies, retirement planning, and estate management. Upcoming tax policy revisions may alter the need to maintain the coverage. By assessing the current value of these policies, advisors can help clients make informed decisions about whether to keep, sell, or change existing policies.
"Successful advisors communicate this solution to their trust & estates attorney relationships, and something always comes out of it."
IDEAL CLIENT
Look for clients in financial transition:
PRACTICE TIP: SORT YOUR DATABASE TO EXAMINE YOUR EXISTING BOOK OF LIFE INSURANCE FOR ANY LIFE SETTLEMENT OPPORTUNITIES IN LIGHT OF POTENTIAL TAX CHANGES.
Give advisors confidence in identifying and communicating the topic of life settlements with clients and centers of influence while demonstrating an orderly methodology for conducting the life settlement process that protects the interests of the policy owner and their advisory team.
REQUEST EDUCATION AND TRAINING FOR YOUR CLIENTS AND COI RELATIONSHIPS
Ashar Group is a nationally licensed life settlement firm that protects the best interests of policy owners by creating a competitive policy auction to deliver the best value to the seller. Ashar Group does not sell life insurance, manage assets, or purchase policies. We are an independent resource for fiduciary advisors and their clients specializing in life insurance valuation for planning purposes.
Business was sold, and the policy was no longer needed
Business owner was able to receive additional value above and beyond the sale of the company.
Liquidity constraints reduced donations
Cash created donation for the charity she loves.
Surrendering policy and interested in receiving more money
Adult children unable to pay premiums to maintain the policy.
