“My strength is my ability to bring long range vision and experienced perspective in both good times and bad.”
Your Options
In situations affecting your life insurance policies, we work with you and your advisors to determine if a settlement is the smartest choice. First, we analyze the existing policy and examine the potential for a life settlement. Based on our findings and your objectives, we provide detailed analyses and recommendations for various options.
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Contact UsReasons to Consider:
- + You no longer need your life insurance policy
- + Premium increases or coverage decreases
- + Your retirement income requirements have changed
- + Estate tax law changes
Potential Recommendations:
- + Allow the policy to lapse
- + Surrender the policy for cash value
- + Restructure the policy
- + Exchange for a new life policy or an annuity
- + Pursue settlement on higher net value projections
Valmark Securities supervises all life settlements like a security transaction and its registered representatives act as brokers on the transaction and may receive a fee from the purchaser. Once a policy is transferred, the policy owner has no control over subsequent transfers and may be required to disclose additional information later. If a continued need for coverage exists, the policy owner should consider the availability, adequacy and cost of the comparable coverage. A life settlement transaction may require an extended period to complete and result in higher costs and fees due to their complexity. Policy owners considering the need for cash should consider other less costly alternatives. A life settlement may affect the insured’s ability to obtain insurance in the future and the seller’s eligibility for certain public assistance programs. When an individual decides to sell their policy, they must provide complete access to their medical history, and other personal information.
Our Team
The Focus On Success team is experienced in all areas of financial planning and completely dedicated to our clients’ unique and ever-changing needs. Our diverse backgrounds allow us to provide a holistic approach to your long-term financial strategy.
