Financial Advisors and Life Settlements
How financial advisors and their clients benefit from life settlements.
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.
For 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
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
Benefits For The Financial Professional
A life settlement can benefit a financial advisor in several important ways:
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.
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.
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.
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.
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.
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?
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
