The life insurance settlement industry has been on a steady rise since the 1980’s, with Conning predicting a 1-2% increase since 2019. Direct to consumer operations have also experienced growth during this time as well, with insurance companies following the retail and travel industries who have operated on this model for years. In this blog, we’ll explain how the method works and who these operations represent.
Do you have a life insurance policy that you’re about to let lapse? Are you 65 years or older?
There are a lot of factors that go into determining the value of a life settlement. However, none are as important as your ability to achieve as much value as possible for your clients through careful and strategic persuasion with prospective buyers. To help you negotiate successfully, here are five useful tips for getting your client the best settlement the market allows.