Financial Advisors And Life Settlements

Your clients gain, and so do you.

Find Out What Your Client's Policy Is Worth

Since 2012, Windsor Life Settlements® has partnered with financial advisors to guide thousands of clients in evaluating their life insurance settlement options and achieving the most favorable outcomes.

If your clients are over age 75, reach out to us today to explore how we can assist them.

Why Advisors Prefer Windsor

Seamless Partner Experience

Working with Windsor is effortless. Agents and advisors simply introduce policyowners to us, and we take care of the entire process, ensuring a smooth and professional experience.

Speed You Can Count On

Most transactions are completed in just 45-60 days. We prioritize efficiency without compromising quality.

Unmatched Consumer Protections

Windsor is committed to safeguarding consumers with rigorous protections. We exceed legal requirements by offering enhanced disclosures, full transparency, and a suitability questionnaire to ensure every transaction aligns with the client’s best interests.

Robust Compliance and Support

Our team helps agents, advisors, and their firms stay fully compliant with all relevant insurance and financial regulations. To further support our partners, we provide professional liability coverage throughout the transaction process.

 

Advisor Case Example

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

Financial_Planners_Are_Recommending_The_Life_Settlement_Option

How Life Settlements Can Benefit Policyowners

Real Benefits For Your Clients.

For many, their life insurance policy is among the most valuable assets they own. If they no longer need their policy, it can often be sold with the resulting “found money” sometimes worth as much as their home equity — real funds that can be used to help improve their lives in retirement.

In our experience, here’s how life settlements have benefited policyowners:

  • 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

 

How Life Settlements Can Benefit Advisors

Benefits For The Financial Professional

A life settlement can benefit a financial advisor in several important ways:

  1. Revenue through Commissions: Financial advisors can earn commissions or fees for facilitating the sale of life insurance policies in life settlements. Since the payout is often substantial, this provides a significant income opportunity.

  2. Enhancing Client Relationships: By helping clients navigate the life settlement process, financial advisors can strengthen their relationships with clients, demonstrating a commitment to finding the best financial solutions. This trust can lead to more referrals and long-term business.

  3. Diversified Services: Offering life settlements allows advisors to expand their range of services. It adds an extra tool to their portfolio, especially for clients who need funds for long-term care or other major life expenses.

  4. Attracting New Clients: Advisors who offer life settlements can differentiate themselves in the market, attracting clients looking for unique solutions to their financial needs. It can help position them as experts in managing complex financial situations.

  5. Helping Clients Maximize Policy Value: Life settlements allow clients to sell their policies for more than the cash surrender value, often helping them secure funds for pressing needs. By guiding clients through this process, financial advisors can demonstrate value and ensure clients are getting the best possible outcome.

  6. Long-Term Client Retention: Advisors who offer value-added services like life settlements can build stronger, longer-lasting client relationships. As clients’ financial needs evolve, they are more likely to turn to an advisor who has provided such solutions in the past.

In summary, life settlements benefit financial advisors by providing a new revenue stream, enhancing client relationships, expanding service offerings, attracting new clients, and helping clients maximize the value of their life insurance policies.

Call Us Today!

We’re available Monday – Friday, 9am – 5pm CT to discuss your client’s policy.

Frequently Asked Questions

What is a life settlement?

Life settlements are simply transactions where life insurance policies are sold by one party to another party. The purchasing party is an investor willing to pay the seller a fee to purchase the policy and in return is named the beneficiary and takes on responsibility for paying future premiums.

How does a life settlement benefit your clients?

Your clients benefit because life settlements allow them to convert a diminishing asset into cash and it relieves them from the burden of paying premiums. As a life insurance settlement broker, Windsor Life Settlements can help you create value from those otherwise worthless policies by selling them into the life settlement market.

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