get a secondary opinion® An overwhelming number of life insurance policies are lapsed or surrendered everyday without the policy owner first checking for hidden value on the secondary market. A lapsed policy can be devastating to a senior citizen on a fixed income who could have used the policy money to manage long-term health costs […]
get a secondary opinion® There are many reasons why a business might purchase a life insurance policy, but often the life insurance as an asset angle is overlooked when it is time to retire and sell the business. Whether it is for investment purposes, to minimize the costs associated with risk management or for the […]
get a secondary opinion® For a high number of seniors, the sad truth is that most will let their policies lapse instead of exploring a life settlement: which means no death benefit will ever be paid out. And according to the Insurance Studies Institute, 90% of these seniors would have considered a life settlement had […]
get a secondary opinion® In a client-advisor relationship, the advisor is at an advantage, which is why it’s an advisor’s fiduciary responsibility to act in good faith for the client’s benefit. And this is more than the right thing to do; in many situations it’s the law. For example, according to The Employee Retirement Income […]
get a secondary opinion® Many changes can happen to seniors as they get older, which is why the ability to provide them with the services and support for those you love. Here are some links that you may find helpful as you deal with senior care and all the financial and emotional complexities that come […]
get a secondary opinion® The possibilities of utilizing a SMV®, or Secondary Market Valuation, are many. If you are considering a Life Settlement, here are some important considerations: • Make sure to work with a reputable Life Settlement Broker that will always have best interests of your client in mind. They will be will put […]
get a secondary opinion® Policy owners now have more options and control than ever before thanks to the secondary market for life settlements, which has allowed policy holders to put a value on what may be their largest asset. In fact, it’s no different than putting a value on a house on the open market. […]
get a secondary opinion® Before the Secondary Market emerged, advisors and policy owners had few options when surrendering or lapsing a policy, which is why we came up with the idea of 5 best practices to protect your client and yourself. With more options and advantages available in the Secondary Market, advisors can offer their […]
get a secondary opinion® Let’s talk a minute about the benefits of fair market value. Let’s say you owned a nice wooded lot that was considered a valuable piece of real estate. Would you simply forget about it and go about your business as if it never existed? Or give it away for a mere […]
get a secondary opinion® When a client decides to pursue a life settlement arrangement, more often than not it is because an influx of capital is needed to fund a long-term expense like health care. This is why it is very important for the client’s advisor get assistance from a life settlement broker to make […]
