Agents Can Help Clients Sell Their Policies.
A connection for life insurance agents considering a life settlement as a financial strategy.
Find Out What Your Client's Policy Is Worth
One way to add value for senior clients or clients facing a terminal illness is by helping them understand the value of their life insurance policies with an appraisal from Windsor.
Recent Case Example
For many, their life insurance policy is among the most valuable assets they own. If they no longer need their policy, it can be sold with the resulting “found money” sometimes worth as much as their home equity — that’s funds that can be used to help improve their lives in retirement.
In a recent life settlement case, a healthy 85-year-old woman had a $300k universal life insurance policy that she no longer required. Instead of letting the policy lapse and receiving nothing from the insurance company, Windsor Life Settlements® helped her secure a $97,000 life settlement. She used this cash payment to enhance her retirement savings.
Age 85
Policy-owner
$ 300,000
Policy Face Amount
$ 97,000
Life Settlement Value
$ 6,000
Advisor Compensation
Here's Why Agents Prefer The Windsor Marketplace®
If your client’s policy qualifies to enter our marketplace, it will see offers from of all the major life settlement companies as well as a nationwide network of private buyers. This is by far the most efficient way to sell your client’s policy and for the highest amount possible.
Here's Why Agents Prefer The Windsor Marketplace®
If your client’s policy qualifies to enter our marketplace, it will see offers from all of the major life settlement companies as well as a nationwide network of private buyers. This is by far the most efficient way to sell your client’s policy and for the highest amount possible.
Benefits For The Financial Professional
- Create new capital for your client
- Receive extra commissions
- Keep renewal and trailer incomes
- Reduce lapse rates
- Keep original policy in force
- Offer a creative valuable service to your clients
- Sell more needed or cost effective life products or annuities
Benefits for the Policy Holder
- Estate size changes creating the need for a larger or smaller face value to cover taxes
- Fund a life product that better suits individual need.
- Pay off a debt
- Funds for a charitable gift / Gift to family members
- Create funds to invest elsewhere
- More valuable alternative than surrendering a policy
- Fund long term care
Benefits for the Policy Holder
- Generate funds to cover estate taxes
- Fund new more cost effective coverage
- Fund a life product that better suits individual needs
- Pay off a debt
- Funds for a charitable gift / Gift to family members
- Create funds to invest elsewhere
- More valuable alternative than surrendering a policy
- Fund long term care
Business Applications
- Key-man insurance no longer needed
- Buy/sell agreement is no longer needed due to a company sale
- Purchase a minority interest in a business
- Bankruptcy creates need for liquidation
- Pay off company debt
Frequently Asked Questions
What is a life settlement?
How does a life settlement benefit your clients?
Preferred Types of Life Policies
While Windsor will consider any type of life insurance policy, we have found that the most appealing ones for buyers are Universal Life and Whole Life policies. In the last several years Term policies with conversion privileges have become highly sought after. You can be a hero to your clients by putting cash in their pocket for a policy that would otherwise expire worthless.
Why Windsor?
If your client’s policy qualifies for our marketplace, it will see offers from of all the major life settlement companies as well as a nationwide network of private buyers. This is by far the most efficient way to sell your client’s policy and for the highest amount possible.
Personalized Service
You will work directly with one of Windsor’s principals who will serve as your single point of contact throughout the transaction.
Knowledge
Our goal is for you to be the expert in front of your client and we can do just that by helping you answer any question that might come up. We’re happy to walk you and your client through the process step-by-step.
Experience
Windsor has been in business for 12 years. We have the experience needed to sell your client’s policy quickly and for the highest amount possible.
Transparency
We’ve found that the best way to create a favorable impression is to be transparent in all aspects of our business. With Windsor, you and your client will know exactly where you stand every step of the way.
Current Market Criteria
Windsor’s marketplace is exclusively for clients with the following criteria:
- Age: 75 years and older
- Health: Significant impairments or terminal illness like cancer.
- Life expectancy: 144 months or less
- Face amount: $250,000 minimum
- Policy origination: policies beyond the contestability period (typically two years)
Getting Started
The best way to get started is to use our life settlement calculator to get an immediate sense of whether your client’s policy qualifies. If you’d prefer to speak to an account manager right away, call (888)-994-6376
Call Us Today!
We’re available Monday – Friday, 9am – 5pm CT to discuss your client’s policy.
