Be a financial champion.

Life insurance is a critical part of financial planning. Yet the vast majority of life insurance is eventually lapsed or surrendered back to the insurance company for little or no value.

Financial professionals who advise and assist policyowners with life settlements can be real financial champions for them. That’s because life settlements offer sellers an average of four or more times the policy’s cash surrender value. That’s “found money” that could be more valuable than the equity in a client’s home. It’s money they can use to reinvest in their retirement, pay bills, fund healthcare needs, or simply enjoy life.

Grow your business with the Lighthouse Life Advisor Program

Help your practice.

Life settlements always pay policyowners more than if the policy was lapsed or surrendered–an average of four or more times the policy’s cash surrender value. Life settlements are:

Financial professionals who advise policyowners about life settlements can do well by doing good:

  • Re-engage with existing clients. Help senior clients get “found money” to meet their post-retirement financial needs, including investments, additional life insurance products, and immediate
    and long-term healthcare.
  • Attract a new generation. Almost all life settlements involve the policyowner’s adult children and provide financial relief to the whole family.
  • Grow your practice. Discussing life settlements with seniors and connecting with other professionals can lead to client –
    and revenue – growth.

Remind clients that their life insurance is their property, and they have a right to sell it to get the best value they can – just like a home or a car.

All financial professionals have a duty of care and competence to their clients. Advising and assisting a policyowner about life settlements is not only good business, it’s good practice. Getting the policy appraised – at no cost to the policyowner or advisor – is a good first step for most.

Life settlements are in the policyowner’s best interest.

Life settlements always pay policyowners more than if the policy was lapsed or surrendered–an average of four or more times the policy’s cash surrender value. Life settlements are:

  • A Property Right of the policyowner
  • Well-regulated throughout the nation
  • Tax-free for certain individuals
  • Recommended by the NAIC as a way to finance long-term care needs

Remind clients that their life insurance is their property, and they have a right to sell it to get the best value they can – just like a home or a car.

All financial professionals have a duty of care and competence to their clients. Advising and assisting a policyowner about life settlements is not only good business, it’s good practice. Getting the policy appraised – at no cost to the policyowner or advisor – is a good first step for most.

Life settlements are safe.

Life settlements are among the safest financial services transactions for American seniors, because of both strong state life settlement laws and robust industry standards. Seniors can sell their policies with confidence, knowing that they receive more information and consumer protections in a life settlement than when buying life insurance or other insurance or financial service products.

2 OF
466K

Only 2 of 466,000 consumer complaints to state insurance regulators since 2014 were about life settlements.

Why Lighthouse Life?

At Lighthouse Life we strive to conduct ourselves with the highest standards of integrity in the market. Advisors can count on us to be strong partners in their practices.

 

  • Easy to work with. Agents and advisors introduce policyowners to Lighthouse Life and we take it from there.
  • Fast. We make offers to qualified policyowners within 3-5 days of receiving the necessary health and policy information. We complete transactions in 45-60 days.
  • Enhanced consumer protections. Lighthouse Life exceeds statutory requirements by providing consumers with additional disclosures, enhanced transparency, and a suitability questionnaire.
  • Strong compliance support. Lighthouse Life helps agents and advisors – and their firms – ensure that they are in compliance with applicable insurance and financial regulations. We provide professional liability coverage to the agents, advisors and firms we work with.

Participate in the Lighthouse Life Advisor Program