A Powerful Tool For Financial Advisors – Life Settlements

Nels GriffinNews

financial advisors

These powerful financial tools are often overlooked or misunderstood.  Learn how they can fit into your advisor’s toolbox. If you are like many advisors when the subject of life settlements comes up ideas like confusing, unregulated, or just plain creepy may come to mind.  With any financial instrument, there are concerns that need to be addressed through proper research and … Read More

The History of Selling a Life Insurance Policy

Nels GriffinNews

selling life insurance policy

The Start of the Secondary Market for Life Insurance. In Grigsby v. Russell, 222 US 149, the U.S. Supreme Court ruled in 1911 that consumers have the legal right to sell a life insurance policy to a third party. Justice Holmes wrote, “To deny the right to sell except to persons having such an (insurable) interest is to diminish appreciably the … Read More

Seniors Ask: Can I Sell My Life Insurance Policy?

Nels GriffinNews

insurance settlements

Can I Sell My Life Insurance Policy? With rising costs in long term care and the explosion of Americans entering retirement, many seniors have found themselves asking, “Can I sell my life insurance policy?”  The answer to this question is a qualified “yes”.  Although life settlements have become a well regulated safe tool to help seniors generate cash, there is … Read More