Allow Us To Introduce Ourselves
Life Insurance Settlements, Inc.
As a leading life settlements broker firm, Life Insurance Settlements, Inc. has had the opportunity to successfully assist thousands of our clients sell their life insurance policies for a profitable cash settlement. Life settlements allow you to tap into the value of your policy that you did not know existed. This may allow you to plan for your family’s future, pay off any accumulated debt, and provide you with a cash to enjoy retirement.
30+ Years of Experience
Work with the most experienced life settlement company in the industry.
What is a life settlement?
Why sell your policy?
Do I qualify?
Why Choose Our
Trusted Life Settlement Company
Our sterling reputation within the Life Settlement Industry allows us to maintain partnerships with a large number of funding entities; several of which are exclusive to Life Insurance Settlements, Inc. When an agent or financial professional allows LIS to broker the sale of the policy we will handle all aspects of the life settlement process or work with you to effectively service your client and reduce your time and paperwork.
How does it work?
Understand Your Options
Similar to selling a home, a person with a life insurance policy can take advantage of their asset and be financially rewarded before the maturity date. Viatical settlements and whole life insurance settlements that provide cash settlements for life insurance policyholders are considered the same as transactions for private property. A 1911 case made it available for a policyholder to transfer their life settlement to a Life Settlement Company in order to benefit from the proceeds while alive.
In the 1980s the viatical settlements market emerged. Brokers would purchase the life insurance of AIDS patients who didn’t have long to live, and wanted immediate liquidity. The patients would get a better quality of life due to their increased finances as the brokers liberated them from having to pay monthly premiums. In exchange, the brokers and policy buyers received the face value of the policy. Now, these terminally ill patients that need financial assistance are using viatical life settlements for the same reason.
Case Study: Life Insurance Settlement Offer for $350,000
Client: Female, age 87
Policy: $2,000,000 Universal Life, with a cash surrender value of $87,271
Problem: The client could no longer afford the premiums. Based on the original illustration from 14 years ago, she expected to cash out the policy for $375,000 and use the money to supplement her retirement income. Her husband predeceased her, so she no longer needed the coverage, and her expenses had increased over the years.
Solution: We were able to get her a Life Settlement offer of $350,000, nearly what she expected, and $262,729 more than the cash surrender value!
Big Win: The proceeds from the life settlement were used to enhance her retirement income, giving her peace of mind for her future and making up for the disappointment of the low cash surrender value.
*source Robin S. Weinberger, CLU, ChFC, CLTC & Peter N. Katz, JD, CLU, ChFC, RICP®
Case Study: Big Win
Client: Male, age 75
Policy: $5,000,000 term policy, coming to the end of the conversion period
Problem: Client wanted to convert and keep some of the coverage, but couldn't afford to convert and keep all of it
Solution: Client converted and kept $1,000,000 of coverage and then converted and sold the remaining $4,000,000 policy for $235,000
Big Win: The client used the money from the life settlement to pay for the first 3+ years of coverage on the policy that he kept!
*source Robin S. Weinberger, CLU, ChFC, CLTC & Peter N. Katz, JD, CLU, ChFC, RICP®
Life Insurance Settlements, Inc. Featured In The Press
2024 Alan H. Buerger Leadership Award
The Life Insurance Settlement Association on Oct. 24 awarded the Alan H. Buerger leadership award to Rob Haynie, managing director of Life Insurance Settlements Inc., a longtime member of the life settlement market, at the trade group's 30th annual conference in Miami.
Educating Customers On The Life Settlement Option: If Not You, Then Who?
The life settlement marketplace now allows older individuals to sell their life insurance policies based on life expectancy, providing a better financial option than letting them lapse. Financial advisors should inform clients about life settlements, as many seniors are unaware of this lucrative alternative.
The Chris Voss Show Podcast: Unlocking Life Insurance Value
Tune in to The Chris Voss Show Podcast and learn how Life Insurance Settlements, Inc. helps you discover the true value of your life insurance policy.
Building Unbiased Awareness - Forbes Business Council
We take pride in educating the market about life settlements. Dive into our detailed article on building unbiased awareness in the life settlement marketplace.
Our Insightful Roundtable Discussion on Life Settlement Brokers
Explore our engaging roundtable discussion on life settlement brokers. At Life Insurance Settlements, Inc., we provide valuable insights into the world of life settlements and the pivotal role brokers play in the process. Gain a deeper understanding of the industry with our expert perspectives.
Strategic Focus on Legislative Affairs
We are dedicated to driving impactful change in the life settlement industry. Learn more about our involvement in legislative affairs and the latest updates from the Life Insurance Settlement Association (LISA). Stay informed about our commitment to advocating for industry advancements.
Exploring the Impact of Speakers on Life Settlements Recovery
Our in-depth analysis examines the role of speakers in the recovery of life settlements. Discover how industry experts influence positive changes and drive growth in the life settlement sector. At Life Insurance Settlements, Inc., we prioritize staying informed on key factors contributing to the industry's progress.
Professional Advice on Life Insurance: Insights from Industry Experts
Gain valuable insights from industry experts on professional advice regarding life insurance. Life Insurance Settlements, Inc. offers a comprehensive guide to navigating the complexities of life insurance policies, empowering individuals to make informed decisions about their financial future. Explore our expert advice to ensure your insurance needs are met effectively.
Understanding Drivers of Policy Sales and Investor Interest
Delve into the dynamics of policy sales and investor perspectives in the life settlement industry. At Life Insurance Settlements, Inc., we provide a detailed analysis of the drivers behind policy sales and why the bigger picture is more compelling to investors. Uncover key insights that shape the landscape of life insurance settlements.
Navigating the Idea of Shopping Settlement Brokers
Explore the concept of shopping settlement brokers and whether it's a strategic choice for policyholders. Life Insurance Settlements, Inc. delves into the factors that influence decision-making when it comes to selecting settlement brokers. Stay informed to make empowered choices about your life insurance policy.
Insights from California Broker Magazine
Discover the latest industry trends and invaluable insights featured in the April 2010 edition of California Broker Magazine. Life Insurance Settlements, Inc. is committed to keeping you informed about key developments in the life settlement landscape. Explore the comprehensive coverage to stay ahead in the industry.
Q&A with Rob Haynie of Life Insurance Settlements, Inc.
Dive into a revealing Q&A session with Rob Haynie, providing unique insights into the world of life insurance settlements. Explore the expertise and knowledge shared by Rob Haynie, showcasing Life Insurance Settlements, Inc.'s commitment to transparency and industry leadership. Gain valuable perspectives in this informative discussion.
Insights from AM Best: Industry Updates and Analysis
Explore the latest industry updates and in-depth analysis from AM Best. Life Insurance Settlements, Inc. provides valuable insights into the evolving landscape of life insurance settlements. Stay informed about key developments in the industry by accessing this essential resource.
Fiduciary Duty in Life Settlements
We delve into the crucial topic of fiduciary duty in life settlements. Our latest article discusses the ethical responsibilities and obligations in the industry, shedding light on how we prioritize trust and transparency in our services.
