“historically life settlements provide an average of four times as much liquid capital”
Your Fiduciary Responsibility
As advisors, you have a fiduciary responsibility to make available a full spectrum of financial options. It may be necessary to clear up any misconceptions you may have about life settlements, or to fill in any gaps in your understanding. This will allow for both a comprehensive service for your clients, and open the opportunity for useful dialogue on how life settlements can fit into their financial plan.
Conversations of this nature are becoming increasingly vital as the life settlement market continues its growth and popularity. The market for life settlements has been experiencing year over year growth of 20%-30% and it is expected to continue this trajectory as investors are seeking alternative strategies to diversify their portfolios.
As with any financial tool, the more advisors understand when and how to implement it effectively, the more useful it will become to their client base.
If you are looking for more information on how to work with life settlements feel free to contact us.
For a quick estimate of a clients policy value be sure to use our online life settlement calculator.