Settlements Simplified.

Faster, simpler life settlements promise to transform secondary market.

The secondary market, with its range of planning options, continues to create opportunities to bring significant new value to your clients. And to expand your client base. 

The recent introduction of Simplified Settlements is transforming the marketplace by greatly expanding the number of policies that qualify for settlements.  This means that clients with smaller policies – between $100,000 and $500,000 in face value – can now access the market value of their assets.  Instead of surrendering policies that are no longer needed, you now have a simple and efficient alternative that can yield significantly more value for your clients. 

If clients no longer need the policy, a Simplified Settlement provides a cash payment that can be reallocated to other uses.  If ongoing coverage is needed, they can opt to maintain a portion of the death benefit. 

The big difference with Simplified Settlements, however, is in how easy it is for you to bring this opportunity to your clients.  Simplified Settlements are not subject to the same underwriting requirements as traditional settlements.  There is far less paperwork.  Fewer steps.  And the result is a powerful opportunity for you to provide a swift and valuable solution to your clients.  Clients that may not have had access to the secondary market until now. 

In this way, Simplified Settlements present a tremendous opening to reach out to new clients. The concept of settling a policy for its market value – as opposed to surrendering it for less – is a powerful one.  It allows you to transform an unneeded policy into an opportunity.  It lets you put new options on the table.  It enables you to deliver real value.  And opportunities like that don’t come along every day.