JNugent2
New Member
It has most likely come up during our careers: A client or their loved one now has a critical or terminal illness, but ignored your recommendation and now needs to know what options are available to them.
Now What?
The cost of treatment, the loss of income and the potential need for a care facility stay have completely eradicated their savings. Do you offer your condolences with your message of "It's too late" before parting ways?
NO! There are still solutions available.
As both the Baby Boomer and Sandwich generations grow older, this is going to be a more frequent occurrence than we would like. As insurance advisers and trusted resources, we need to become aware of all options available for our current and future clients.
Given the growing need, capital providers have created new solutions for consumers and the advisers serving them.
In the Life Settlements Market, investors who purchase life insurance policies (including Term Policies) from consumers in exchange for upfront cash payments, often 5-8 times the policy surrender value, are now offering solutions on policies as small as $10K of face value, including express or simplified underwriting processes.
Being able to convert a life insurance policy into immediate cash, in as little as 30 days, for a client in need will certainly make you a hero.
Message me or post your contact information in the thread if you would like to learn more about these solutions.
Now What?
The cost of treatment, the loss of income and the potential need for a care facility stay have completely eradicated their savings. Do you offer your condolences with your message of "It's too late" before parting ways?
NO! There are still solutions available.
As both the Baby Boomer and Sandwich generations grow older, this is going to be a more frequent occurrence than we would like. As insurance advisers and trusted resources, we need to become aware of all options available for our current and future clients.
Given the growing need, capital providers have created new solutions for consumers and the advisers serving them.
In the Life Settlements Market, investors who purchase life insurance policies (including Term Policies) from consumers in exchange for upfront cash payments, often 5-8 times the policy surrender value, are now offering solutions on policies as small as $10K of face value, including express or simplified underwriting processes.
Being able to convert a life insurance policy into immediate cash, in as little as 30 days, for a client in need will certainly make you a hero.
Message me or post your contact information in the thread if you would like to learn more about these solutions.
