RECOMMENDING A LIFE SETTLEMENT TO YOUR CLIENT ALLOWS YOU TO:
- Help clients achieve retirement goals Whether you are providing liquidity for medical expenses, long-term care, travel, or other investments opportunities, a life settlement may be a viable option.
- Increase your AUM With little additional effort, and with help from Magna, you can increase your assets under management for improved yield.
- Standout Amongst your peers Provide innovative, fresh ideas to clients by recommending a underutilized financial vehicle.
of older Americans let UNWANTED POLICIES LAPSE because they are unaware of the LIFE SETTLEMENT OPTION
PAYOUTS ARE LOST ANNUALLY when policy owners 65 + years old LAPSE THEIR POLICY
of older policy owners would have PURSUED A LIFE SETTLEMENT if they had known about the possibility.
WHAT IS A LIFE SETTLEMENT?
A life settlement is the sale of a life insurance policy to an investor for a cash payout. The settlement amount is more than the cash surrender value.