Benefits of a Life Settlement

Benefits for the Financial Professional

  • Create new capital for your client
  • Sell more needed or cost effective life products or annuities
  • Reduce lapse rates
  • Keep original policy in force
  • Offer a creative valuable service to your clients
  • Receive extra commissions
  • Keep renewal and trailer incomes

Benefits for the Policy Holder

  • Purchase life insurance to cover estate taxes
  • Estate size changes creating the need for a larger or smaller face value to cover taxes
  • Fund new more cost effective coverage
  • Fund a life product that better suits individual needs
  • Purchase a survivorship policy
  • Pay off a debt
  • Funds for a charitable gift / Gift to family members
  • Create funds to invest elsewhere
  • More valuable alternative than surrendering a policy
  • Purchase long term care insurance

Business Applications

  • Key-man insurance no longer needed
  • Buy/sell agreement is no longer needed due to a company sale
  • Purchase a minority interest in a business
  • Bankruptcy creates need for liquidation
  • Pay off company debt
Proud Member of the National Ethics BureauCelebrating 5 Years of Life Settlement Service

Life Settlement licensing requirements vary by state. In some states, life agents and other financial professionals must be licensed to source policies or receive commissions. Settlement Benefits Association is not licensed in all states. Some or all of the proceeds of a Life Settlement may be taxable under federal or state income tax laws. Advice from a professional tax advisor is recommended. This web site is not currently approved in the states of Oklahoma or Texas.