Don't let clients abandon a life insurance policy without getting it appraised!

THERE IS NO COST AND NO MEDICAL EXAM REQUIRED

Your client's life insurance policy is an asset that can be valued and sold like any other property. If a policy is no longer needed or has become unaffordable, clients shouldn't settle for what the insurance carrier is willing to give them if they don't have to.

PRACTICE TIP: If you have clients considering any changes to their life insurance coverage, be sure to have it appraised for life settlement value first.

What is a life settlement?

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

NO MEDICAL EXAMS ARE EVER REQUIRED

• Face Amount $100K or more
• Insured Age 70+ (younger if the insured has impaired health)
• All policy types can qualify, but Universal Life products and Convertible Term are the most attractive.
• There are some buyers specifically looking for Guaranteed Universal Life products.
• Efficient policies can get offers in as little as 48 hours without medical records.

How do clients typically use the funds from a life settlement?

THE FUNDS FROM A LIFE SETTLEMENT CAN BE USED FOR ANYTHING!

• Add to retirement savings
• Pay for long-term care or help at home
• Cover medical bills or health-related expenses
• Buy new life insurance on younger family members
• Fund other financial products
• Make investments
• Give to family or make charitable gifts
• Pay for grandchildren's education or business ventures
• Pay off loans, credit cards, or other debt
• Travel, enjoy leisure activities, or check off your bucket list

Resources you can use:

• Do you have clients in these situations?
• Shareable Content: Blogs, Articles, Videos
• How Ashar Supports You
• Information You Can Share with Clients
• Unlock the Benefits of a Life Settlement Policy Auction