As the baby boomer population continues to reach retirement age there are certain industries that are poised for massive growth. Life settlements is one of those industries. Every eight seconds someone in America will reach the age of 65. This trend will continue for the better part of the next two decades. The already $5 billion life settlement industry is growing exponentially as this happens. In fact, a Yale Law Review study estimated the life settlement market is projected to reach $160 billion in face value by 2030.
Life Settlement Regulations
The Life Settlement Opportunity
Life Insurance Settlements Inc. can help you grow your life settlement business in the process and give you the resources you need to become a life settlement agent. Financial advisors that are proactive now are already on the leading edge of this major market expansion.
Policyholders may choose to abandon policies for a variety of reasons including immediate cash demands or inability to make premium payments. Actuarial data suggests that 40 percent of all policies, held by individuals aged 65 or older, will not be held to maturity.
Our Agents Are Determined
Life Insurance Settlement agents help individuals recover wealth that may be trapped in unused or unneeded policies. As an agent you can help people find value in old policies. In the past, life insurance policy holders had one of two options:
- Letting the policy lapse, thereby losing coverage.
- Close a policy early through their insurer, obtaining only the cash surrender value.
Settlements allow individuals a viable third option: selling their life insurance policy through a broker. When you become a life settlement broker you assist clients like these in obtaining a larger cash value on their undesired policy.
Our Core Competency
Life Insurance Settlements Inc is one of the nation's most experienced life settlement brokerages. We have built a reputation as the industry leader in giving top dollar to policyholders. We are a trusted partner of financial and insurance professionals and their clients. We combine the financial advisors insurance and financial expertise with our life settlement knowledge and expertise to properly capitalize on this opportunity.
Life Insurance Settlements Inc. has a team of life settlement experts that will help you navigate this complex market and expand. Life Insurance Settlements Inc. will help you identify potential settlement cases through your existing clients. Our marketing team will also show you how to market for new settlement opportunities nationwide.