Financial Planners & CPA's

As a financial planner or CPA, you know better than anyone what your clients' financial needs are. With an ever-changing financial market, it is important keep your clients informed of the latest investment opportunities. A Life Settlement is a great way to improve upon an estate plan or to fund a charitable giving program. In the case of a charitable gift, your client could receive a substantially larger tax deduction when utilizing a Life Settlement.

View the Life Settlement Process

Secondary Market For Life Insurance

In a Life Settlement transaction, your client will receive more than the cash surrender value for their policy. Your client may have a life insurance policy that they are considering surrendering or lapsing. The life settlement market provides a whole new perspective on the value of unwanted or unaffordable life insurance policies. Even term insurance policies that have no cash-surrender value can qualify for a Life Settlement.

What Are The Benefits To You?

You receive commissions from the life settlement transaction
You receive conversion commissions on converted term policies
You receive renewal commissions on policies which are maintained based on future value
You have the ability to earn new commissions on new products or policies sold to your client

Does Your Insurance Company Prohibit Your Involvement In Life Settlement Transactions?

You still have a fiduciary responsibility to your client. Don't allow your client to leave money on the table, or have an asset evaporate simply because you haven’t already done a life settlement transaction. Read the articles in the News and Articles section of our website and discuss the possibilities with your broker-dealer or carrier. If your broker/dealer or carrier prohibit you from offering or discussing life settlements, give us a call and we will show you how you can still maintain your fiduciary duty to your clients without violating any agency agreements or contracts.
Refer the business - you do not have be involved in the transaction in order for your client to receive the benefits of the secondary market

The original policy remains in force and renewal commissions continue to come to you
Your client may use the proceeds to purchase a new product which will generate new commissions for you
You have given your clients the best advice, relative to their needs

Do Your Clients Qualify For A Life Settlement?

If you have clients age 65 and older who have Term (Convertible or Renewable), UL, or SUL policies, your clients most likely have policies which would qualify for a Life Settlement. Give Milestone a call today to get started!

Why Would Your Client Sell A Life Insurance Policy?

Your client may no longer want or need the policy, and is considering surrendering or lapsing the policy
Selling a policy may provide your client with money for the purchase of long-term care, or may serve to supplement your client’s retirement income
Your client’s policy may have been purchased during a time of higher interest rates with expected lower future premiums, and the policy is not performing
Your client may be looking to acquire a new policy, and a Life Settlement on an older policy may fund the new coverage
Your client may need cash for investments or debt consolidation
Your client may be going through a divorce and the policy is subject to equitable distribution
Your client’s estate planning needs may have changed
The proceeds from a Life Settlement could fund a charitable giving program, family trust, or education for a loved one