Unsettled About How To Sell A Life Policy? Check With Us!

In 1945 author John Steinbeck wrote a gem of a novella entitled The Pearl. A poor fisherman in Baja California named Kino retrieves an oyster bearing an immense treasure he calls “The Pearl of the World” whose value he hopes will purchase a better life for his impoverished family. He is immediately thwarted in his designs by local dealers who he doesn’t understand all work for a single buyer to depress market prices.

His attempt to get a better offer is only the beginning of Kino’s troubles in seeking suitable payment for his pearl.

But it is similar to what a policyowner faces in the life settlement marketplace when a quotation for an unneeded contract is sought from only one source who has no market pressure to offer a better price.

Instead, let us work for you to assure your client a better sales price and you better compensation.

Consider:

• We perform an initial policy valuation to determine the feasibility and the profitability of taking the policy into the marketplace.
• We will fully discuss what role the settlement and its taxation will play in the client’s overall financial plan, including whether all or only a portion of the death benefit should be sold.
• We will negotiate offers from several settlement brokers to assure the best source for a settlement.
• We will share with you the gross offers so that all know what everyone makes on the transaction.
• We will handle the procedures and paperwork minimizing your effort and time spent in the case.

Do you have clients who no longer have a need for all or part of their existing coverage and want to determine its value in the secondary marketplace? Contact us.

For What It’s Worth – In 1962 John Steinbeck became the fifth American to be awarded the Nobel Prize for literature. The most recent went to songwriter and poet Bob Dylan in 2016.