Senior Life Settlement Financing

Finacing crunches has hit the industry, but financing and offers are still available for Senior Life Settlements.

Generally speaking, senior life settlements are an option for high-net-worth policy owners age 65 or older. Independent estimates report that among this group, 20% of policies have a market value that exceeds the cash value offered by the carrier. And while many policyowners are unfamiliar with senior life settlements until a financial professional mentions the option to them, the concept has gained attention from high-profile proponents such as Warren Buffett, former U.S. Representative Bill Gradison, and numerous media sources including The Wall Street Journal, Time Magazine, Business Week and The Economist. A growing number of experts now believe that informing clients about offering a life settlement should fall under the fiduciary duty of a financial adviser. With this being said, those established in the industry are now placing an emphasis on life settlement education for financial professionals so that they can accurately present the life settlement option to all clients who might benefit from it. Financial advisors should also look into increasing their exposure and credibility.

Case Examples:
Male Age 68 / 15 Year $500,000 Term Insurance / Amount paid to policy owner $30,000
Female Age 71 / Universal Life $500,000 / Amount paid to policy owner $50,000
Male Age 73 / Universal Life $1,000,000 / Amount paid to policy owner $100,000
Male Age 78 / Universal Life $2,000,000 / Amount paid to policy owner $440,000

Find out the value of your policy with a free Life Settlement Calculator.

Call 1-888-973-8377 to speak with a Senior Life Settlement Professional!