Financial Advisors

Financial Advisors have access to a valuable tool – SeniorLIFE™ Life Settlements – together, we can enable your clients to optimize their investment portfolios or to monetize underperforming assets in business and estate planning. There are many situations in which selling a life insurance policy for cash may be beneficial for your client.  Policyholders and their Advisors turn to SeniorLIFE™ for many reasons, including business and estate planning to:

• Help fund retirement plans
• Pay for senior housing or long-term healthcare
• Restructure life insurance to better meet current needs
• Enable seniors to donate cash to charities
• Fund other products like new life insurance, housing or annuities
• Liquidate Key-Person policies, Split-Dollar and other business-related insurance policies
• Fund business buy-sell agreements or retirement and health plans or bonus / stock plans

Read more reasons in our FAQs

Picking the right partner to facilitate a Life Settlement is key for any financial planner or fiduciary.  What Criteria to Consider when Selecting a Life Settlement Company for Your Client can help you begin the process of selecting a Life Settlement Partner. 

SeniorLIFE™ provides Financial Advisors with utmost in value, service and professionalism. We pay close attention to ensure we meet or exceed the Industry’s highest standards in information privacy protection and transparency while ensuring your client’s policy is given maximum access to the marketplace in a competitive bidding environment.  By working with SeniorLIFE™ you can be confident that you have done your best and fulfilled your fiduciary responsibility to your client while securing for him / her the same inalienable rights to sell his / her insurance policy that any owner of real estate, stocks or any other assets enjoys.

When reviewing options with your clients to address their changing financial needs, SeniorLIFE™ can help you turn a no-longer needed or under-performing life insurance asset into a realized source of revenue. 

If your Client faces….		As a Financial Planner working with your client, you can consider options:
Many seniors face escalating premiums, forcing them to lapse or surrender policies for low cash payouts		Your client might potentially sell his / her life insurance for cash thereby eliminating an expensive or underperforming asset and instead providing proceeds to purchase more appropriate financial products / coverage for his / her current needs.
Seniors may have term policies commonly perceived as having no cash or settlement value.		Term Policies, especially Convertible Term Policies, have value.  Convertible Term can be converted to Universal Life and settled for cash. If your client accepts an offer from an Institutional Provider, the Term policy is usually converted during closing, your client can realize proceeds for a variety of more appropriate coverage.
Some seniors have strong commitments to charitable organizations and have decided to donate through a deferred benefit policy.		Seniors can make more immediate donations, see their gifts make a difference during their lifetime and fund charities’ immediate needs through SeniorLIFE™’s Life  Settlements that allow them to use proceeds to make cash donations and eliminate premium funding, gifting or administrative requirements.
Your senior client is ready to retire as an owner or key executive of an ongoing business.		Your client has many business options available as he or she moves from business owner, key executive or entrepreneur. Please review SeniorLIFE™’s Business Page for additional information about Split-dollar, Key-Person coverage or the use of Life Settlements to fund a qualified pension or non-qualified retirement plan or employee benefit plans, such as, retiree health benefits, executive bonus, stay bonus or phantom stock plans.

 

SeniorLIFE™ is dedicated to enhancing your commitment to your client’s best interests.   We can provide you with the knowledge, information support and training to assist every client who may qualify for a Life Settlement transaction. As the Life Settlement Industry continues to evolve and grow, advance strategies using Life Settlements to help your business and clients grow their businesses, optimize their assets and increase revenues.

Regardless of the reason, it is always better to evaluate life settlement than to simply let the policy lapse. There is no better time to consider a Life Settlement than now.  We offer a FREE and confidential consult that may result in significant upside for you and your client!

As your partner in Life Settlement, SeniorLIFE™ won’t dispense tax or financial advice to your client – SeniorLIFE™ strongly recommends that your client consult with you, his / her trusted tax advisor or financial planner, BEFORE completing a Life Settlement to ensure his / her unique business, estate and tax considerations are addressed.  

Allow us to unlock the door into the Life Settlement Industry with a introductory presentation that explains much of the process to your client.

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