Case Summaries

Sell A Life Insurance Policy

In this life settlement success story, we turn our focus to a client who struggled more with the timing of his life settlement than the valuation of his policy. His initial question to us was "when should I sell my life insurance policy?" not "can I sell my life insurance policy?" or "how much is [...]

Sell A Life Insurance Policy 2016-10-20T09:14:12+00:00

Life Settlement Success Story

As you know, life settlements offer new options to clients, and we were recently approached by a family looking for something that could shift their financial outlook. The husband, 74, had been diagnosed with dementia and several other minor health issues. His mental acuity had begun a more rapid decline. The wife, seeing this and [...]

Life Settlement Success Story 2016-10-20T09:14:12+00:00

Upgraded Replacement Case Example

This client needed to continue his life insurance coverage.  His existing term policy contained conversion privileges.  Instead of letting his existing term policy lapse, we were able to generate a life settlement offer.  The proceeds from this transaction were used to fund a new term life policy with premiums slightly lower (due to changes in [...]

Upgraded Replacement Case Example 2016-10-20T09:14:12+00:00

Sale of a term life insurance policy

A life insurance agent recently conducted a yearly review of his client's life insurance policy.  Noting that the policy was soon to run out of conversion privilege, he decided to explore options on this policy.  After realizing the estate had shrunk and the need for insurance was less than previously calculated, the agent recommended a [...]

Sale of a term life insurance policy 2016-10-20T09:14:14+00:00

Life Settlement funds nursing home expense

Recently, the son of an 88 year old male approached Settlement Benefits Association to request an appraisal on his father's life insurance policy.  The son could no longer afford to pay both the premiums on the policy and the nursing home expenses the father required.  Although the $205,000 policy is considered small in our industry [...]

Life Settlement funds nursing home expense 2014-10-24T10:54:28+00:00

SBA surpasses competiting broker’s offer by over $100,000

This client's estate planning attorney contacted Settlement Benefits Association to conduct a Life Settlement appraisal.  They had a combined offer from another broker of $900,000 for the client's two $5,000,000 policies.  After extensive negotiations with various licensed providers, SBA was able to get the client $1,010,000.  By being thorough, SBA provided significant value to this [...]

SBA surpasses competiting broker’s offer by over $100,000 2016-10-20T09:14:14+00:00

Life Settlement helps relieve financial burden

Recently, a 74 year old male in good health approached his financial planner with a problem.  One of his children was in need of some financial assistance to cover some extraordinary medical costs.  Since the planner had previously completed some Life Settlement cases with Settlement Benefits Association, he presented the idea of selling the client's [...]

Life Settlement helps relieve financial burden 2016-10-20T09:14:14+00:00

Recent Life Settlement Case Summary

This client had two life insurance policies, totaling $750,000 of universal life.  He decided to have both policies shopped on the secondary marketplace, which we did for him.  This client is 70 years old with health issues.  His estate no longer needed the coverage. After several weeks of generating competitive bids, we were able to secure a high offer [...]

Recent Life Settlement Case Summary 2016-10-20T09:14:14+00:00

Life Settlement Case Summary

A 75 year old male with a $200,000 term policy past its conversion period came to Settlement Benefits Association for a Life Settlement appraisal.  The client's premiums were going to triple in three years and he needed to sell the policy. Settlement Benefits was able to shop the entire institutional marketplace and find a provider [...]

Life Settlement Case Summary 2016-10-20T09:14:15+00:00

Life Settlement Case Summary

A 65 year old male in relatively good health presented a combined $1.3M in total insurance through his Certified Financial Planner.  The coverage was no longer needed since his wife had recently passed away.  The insured, who was also the policy owner, wanted a way to fund his grandchildren's college fund despite his limited liquidity.  As [...]

Life Settlement Case Summary 2016-10-20T09:14:16+00:00