What good are life savings when they’re called death benefits? What do you do when your family’s future is already taken care of, but your retirement is not?

Life Settlement Exchange can make those dreams of a fruitful retirement a reality for seniors across the country. Licensed in many states, and with over 30 years of combined experience and a commitment to integrity and efficiency, Life Settlement Exchange will work hard to get the highest possible offers for your client’s unwanted or under performing life insurance policies.

In the next several years, an estimated 160 billion worth of life insurance policies will be purchased using life settlements with more than 18 trillion of life insurance currently in force, prospects for the business are vast. Merrill Lynch, Bear Stearns and Credit Suisse Group are just some of the major Wall Street players trying to secure a foothold.* This industry is expected to grow tenfold as the baby boomers age. From 1999 to 2002, life settlements doubled from $1 billion to $2 billion, and this during a time when the concept was still off the radar of most policy holders and estate planners.

Now, as the baby boomers, the richest generation in the nation’s history, begin to retire, the growth potential for the life settlement market is phenomenal. Companies are fast realizing what a great estate planning tool a  life settlement is, and as with all new and burgeoning markets, those who are ambitious enough to learn the ins and outs in the beginning will generate the most success.

In their early days, the markets for cable television, cellular phones and internet commerce were viewed with a certain cautious skepticism. Now, those who took the risk make up the greater part of this country’s millionaires. With life settlements, the rewards are great. As the old saying goes, the only sure things in life are death and taxes. When the outcome is dependent on something that has been inevitable in the entire history of humankind, caution as a virtue is replaced simply by ambition.

With life insurance settlements, life insurance becomes just that – a realization that life can be enjoyed with comfort, even in the last years.

Life settlements have become a very valuable financial planning tool for all seniors who own life insurance and may have had a change of circumstances since the original purchase.  Perhaps their beneficiary has already passed, or moved from a divorce. Perhaps children for whom the benefit was meant have had great success in life and no longer need it. Possibly the premiums have become an expense that can no longer be afforded. When the primary need for life insurance no longer exists, a life settlement can be a perfect solution.

Why did you not hear of this before?  How can you pass up the opportunity?

Life Settlement Exchange makes it easy

As an example: A 69-year-old male with distressed health has a $1 million policy with a small cash value. In the past, he could either pass on and have his beneficiaries reap the rewards, stop paying premiums and let the policy lapse, or settle for a surrender value that would barely cover his standard expenses – somewhere in the neighborhood of five cents on the dollar, or $50,000 in this case. Not now.

Now, he and his agent could contact Life Settlement Exchange, which can use its knowledge and resources of multiple funders to offer the policy holder a non-binding bid of $270,000. If the client accepts the bid, he could decide to purchase a new smaller face policy as well as fund an annuity. As a result, the agent secures a substantial referral, has the possibility of achieving two more sales on the same client, and keeps the residual income from the $1 million policy along with the knowledge that they have truly helped their client.

The client has benefited, by having over five times as much as he would have had from surrendering his policy early. He now has enough money to cover postmortem expenses, and yet still have the opportunity to enjoy a higher standard of living in his twilight years.

Approaching senior clients is as easy as contacting them and letting the client know that you would like to offer a “free non-binding appraisal” of their life insurance. To get started, simply contact Life Settlement Exchange and they will help you with the rest.

For more information, contact:

Life Settlement Exchange

2400 West Cypress Creek Road #135

Fort Lauderdale Florida 33309

561-212-5892

davet@life-settlement-exchange.com