Life Settlements: What You Need to Know
Episode description
What do you or your clients know about life settlements? Life settlements are all the buzz these days in the life insurance industry. It's essentially a legal sale of an existing life insurance policy to a third-party investor. The sale is for more than its cash surrender value but less than its net death benefit. It's becoming very popular with folks over 75 who have had a change in their health condition.
In this episode of The Broker Link, Ryan Thompson, founder of PolicyMarket, discusses all the ins and outs of life settlements with The Brokerage Inc.'s Life Insurance Regional Sales Director, Chris Newberry.
Together they answer these questions:
- Who is an ideal candidate for life settlements/
- What options do clients have?
- What are the steps to get started?
- And many more...
If you would like to contact The Brokerage Inc. life department about getting started, visit us at www.thebrokerageinc.com for more information.