Listen "Newest Trends in Life Settlements"
Episode Synopsis
What’s Driving Life Settlement Growth?85% of term policies and 88% of universal life policies will expire, lapse, or be surrendered before a death benefit is paid - a significant loss for the policyholders.$200 billion worth of life insurance will be surrendered or lapsed annually through 2027.55% of client’s don’t know they can sell their life insurance.The life settlement industry is growing on average 34% per year.The demand for life settlements has seen a resurgence as seniors realize the benefits of reevaluating their life insurance strategy. Join us and a panel of subject matter experts as we examine current market trends in life settlements and how you can leverage this important financial tool.Topics we will explore include:How the marketplace is evolving, including new capital sources driving flexibility and higher payouts for your clients.How firms are creating value for clients within the financial planning process while driving new sources of revenue.Why more policyowners are open to selling their existing life insuranceHow to identify life settlement opportunities in your client base and business growth plans.HostsScott Stathis and Bob MittelGuestsAlan Buerger, Neal Jacobs, Peter Hershon, and Patrick Cahill of CoventryHugh Cameron of JBC Companies, and…David Henry of Financial Independence GroupSponsoring Partner:CoventryMusic Credits:Band: A Rusty Something (Nick Simpson)Song: Someone New
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