Are you working with the Right Life Settlement Broker?
All Life Settlement Brokers are the Same: False. As the largest Life Settlement Brokerage in the industry we have closed over 25,000 Life Settlement cases as a company. LIS is comprised of Professionals from the Life Insurance/ Financial Planning industries, most with over 20 years of experience.
All Life Settlement Brokers have access to the same Money: False. LIS has closed more cases than any other broker in the industry and we are currently working on more volume than our top 3 competitors combined. We have access to funds the other brokers cannot get to.
All Life Settlement Brokers shop the cases with the same Buyers: False. LIS has an exclusive internal system that ensures that your cases are being shopped with every funder legally able to purchase your client’s policies. Most smaller brokers only have access to a select few buyers.
The Broker I currently work with says funders won't buy policies with a less than 1M face value; False. There are funders across the country that will buy and want to see cases from 100k face and up.
The Broker I currently work with says they can shop a case without a Life Expectancy; False. If your broker is not obtaining medical records and properly underwriting your cases, they are not being shopped properly.
The Broker I currently work with says I can only use them. False. According to Florida Statute Chapter 626. More particularly, the exclusivity provision contained in the agreement is in breach of its fiduciary duty as a Life Settlement Broker. Simply stated we owe a fiduciary duty to the client to obtain the best price for their insurance policy. As an advisor you can use the Life Settlement broker of your choosing.
My client would never want to use a Life Settlement: False. 90% of seniors who lapsed a policy would consider a life Settlement.
If your currently working with another broker, send your case to them and send your case to LIS. Let LIS compete for your cases and at the end of the day, LIS will have the highest market offer. Don’t let your senior client let the policy go without having it appraised first!
Life Insurance Settlements Inc is the Proven Leader in the Life Settlement Industry
Contact Daxton Fryer 866-326-5433 [email protected]
Jack E. Burroughs DDS FAGD UT Dental Branch Houston. Dallas-Fort Worth. 25,000+. American Dental Association Health Policy Institute Covid-19 Impact On Dental Practices Panel
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