Life Settlements
Life Settlements
BENEFITS OF SELLING A LIFE INSURANCE POLICY
BENEFITS OF SELLING A LIFE INSURANCE POLICY
life Settlements are one of America's fastest growing financial products for seniors.
life Settlements are one of America's fastest growing financial products for seniors.
American seniors are lapsing and surrendering over $100 billion of life insurance annually!
American seniors are lapsing and surrendering over $100 billion of life insurance annually!
Through a life settlement, policy owners can receive a CASH PAYMENT far in excess of the policy's surrender value.
Through a life settlement, policy owners can receive a CASH PAYMENT far in excess of the policy's surrender value.
Tax guideline: Cost basis is tax free, and typically anything above cost basis is treated as long term capital gain. Clients should consult with a tax advisor on their specific situation.
Tax guideline: Cost basis is tax free, and typically anything above cost basis is treated as long term capital gain. Clients should consult with a tax advisor on their specific situation.
SETTLEMENT OPPORTUNITIES
SETTLEMENT OPPORTUNITIES
Coverage unwanted, unneeded, or unaffordable
Estate tax laws have changed, no longer a need for coverage
Policy owner needs cash to fund retirement or healthcare
Corporate policy where insured is retiring, business is sold, or buy-sell is no longer needed
CLIENT ELIGIBILITY
CLIENT ELIGIBILITY
Policies with death benefits of $100,000 or more
Insureds under age 65 with life threatening health conditions
Insureds aged 65-75 or older with serious health change since policy issue
Insureds aged 75 or older may qualify if healthy
All Policy types considered