Compliance-Centric Life Settlements Serve Best Interests

A VALUABLE ALTERNATIVE TO LAPSE OR SURRENDER

A life settlement is a buyout of an existing life insurance policy for more than the cash surrender value and less than the death benefit. 

5 Critical Questions:

Determine if a Life Settlement Resource Passes the Compliance Test

Compliance officers have come to recognize that if life settlements are pursued for the right reasons, after a thorough review of all non-forfeiture options and suitability, a life settlement could very well be in clients' best interests. It is a viable exit strategy that should be disclosed in a comprehensive policy review in partnership with a resource that offers a compliance-centric process. However, broker-dealers do not just allow life settlements carte blanche. They put strict procedural guardrails in place to protect the company and their representatives from liability risk. 

  1. Are they licensed to represent the buyer (investor) or the seller (policy owner)?
  2. Do they hold a life settlement broker's license in all states that require them? 
  3. How do they protect the best interests of the policy owner/seller during the life settlement process? 
  4. Do they offer life settlements as their core business or only as a supplement to their overall business offerings?
  5. Do they conduct a transparent policy auction between all licensed buyers to obtain the best value for your client?

Life settlements are highly regulated and available to policy owners in all 50 states

Ashar Group is an industry leader in compliance. We believe planning professionals need to be confident that they are associated with a partner who is fully aware of the complexities the financial community faces today - both legally and ethically.

Request the Planning Checklist for Existing Life Insurance

Take a proactive approach and start confidently exploring the life settlement solution with your clients.

Name(Required)
To determine if we already have a relationship with your firm.

Success Stories

Thomas and Katherine
INSURED
Thomas, 82 & Katherine, 79

Their needs had changed, and they no longer needed the policy
They were able to uncover significant liquidity and fund their retirement.

Type of Policy
Survivorship GUL
Policy Face Value
10,000,000
Cash Surrender Value
69,000
Life Settlement Value
2,800,000
LEARN MORE
June
INSURED
June, 84

Policy was underfunded and sitting in an ILIT
Eliminated future premium payments and used the funds for medical bills.

Type of Policy
Survivorship UL - One Deceased
Policy Face Value
1,500,000
Cash Surrender Value
25,000
Life Settlement Value
475,000
LEARN MORE
INSURED
Judy, 88

Policy was no longer needed for estate planning
Client was able to fund all lifestyle and caregiving needs.

Type of Policy
Survivorship UL - One Deceased
Policy Face Value
10,000,000
Cash Surrender Value
185,000
Life Settlement Value
3,250,000
LEARN MORE
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