Life Settlements

January 14, 2021

What is Cash Surrender Value of Life Insurance? Life Insurance , Life Settlements , Viatical Settlements

The cash surrender value of your life insurance policy is the amount of cash you may withdraw if you surrender your policy to the insurance company. By doing this, you forfeit the right to the death benefit and will no longer have to pay your premiums. This is an alternative to borrowing against you...

January 4, 2021

5 Life Settlement Myths From Your Broker Dealer Life Settlements

If you are a senior who's interested in liquidating your life insurance, you should know the real truth about life settlements. That's the only way you can make an informed decision on whether a life settlement is right for you. A good first step is to review our breakdown of the five most common li...

January 4, 2021

How Does Fiduciary Duty Apply in Life Settlements? Life Settlements , Viatical Settlements

Whether you're a policyholder, an agent, or an advisor, it's important to understand the concept of fiduciary duty and how it applies to life settlements. We've developed this in-depth guide to help. Read on to learn about fiduciary standards, what constitutes a breach of fiduciary duty, and the com...

December 16, 2020

Life Settlement Regulations by State Life Settlements , Viatical Settlements

If you're interested in selling your life insurance, it's important to understand the nuances of the laws and regulations in your state. Some states regulate only viatical settlements, for example, while other states govern both life and viatical settlements. What follows is an overview of life sett...

December 16, 2020

Life Insurance and Life Settlement Statistics for 2021 Life Insurance , Life Settlements

Read on for the most important life settlement and life insurance facts and statistics for 2021 -- including how many people have life insurance, the average face value of life insurance policies, how life settlement proceeds compare to cash surrender values, and how quickly the life settlement indu...

December 16, 2020

6 Life Insurance Settlement Options You Should Know Life Insurance , Life Settlements

Life insurance settlement options are notoriously confusing, particularly when you try to compare them. Evaluating a lump-sum payment relative to an annuity, for example, can feel like an "apples-to-oranges" comparison unless you are a trained statistician. Thankfully, you don't need a knack for num...

November 25, 2020

7 Alternative Investments Financial Advisors Should Discuss With Clients Life Settlements , Other

Financial advisors are as diverse in their investment styles as mutual funds. Funds can range from conservative fixed income portfolios that protect capital to leveraged ETFs that amplify the ups and downs of broad market indexes. Likewise, advisors can keep their recommendations limited to varying ...

November 19, 2020

Can Life Insurance Agents Perform Life Settlements? Life Insurance , Life Settlements

If you are a life insurance agent, you're likely to be an early point of contact for the senior who's considering letting go of his or her life insurance policy. The logical questions you might receive are, "What are my options?" and "How much can I get if I surrender this coverage?" Those questions...

November 13, 2020

Top Life Settlement Companies of 2020 Life Settlements , Viatical Settlements

Harbor Life Settlements created this list of the top life settlement companies to help you choose the right partner to maximize the sales price of your life insurance....

November 12, 2020

Financial Advisors: How to Talk to Clients About a Life Settlement Option Life Settlements , Retirement

When your client faces an income shortfall just months or years away from reaching his or her retirement goals, what are the best options to course-correct? Downsizing is one, but it's probably not the prospective retiree's first choice. Another strategy is to get creative about liquidating non-inve...