In 2022, 9M policies lapsed, and only 3,000 life settlement transactions occurred. Economic downturns increase lapse rates. Learn the questions to ask and the information to gather when having conversations with your clients and COI relationships about what a policy is worth.
Learn more about the state of the market from one of the nation's leading experts on life insurance valuation and life settlements.
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.
Policy was no longer needed for estate planning
Client was able to fund all lifestyle and caregiving needs.
Surrendering policy and interested in receiving more money
Adult children unable to pay premiums to maintain the policy.
