Life Insurance Settlements, Inc.

What Windsor knows about Life Insurance Settlements, Inc.

Life Insurance Settlements, Inc. is a fellow life settlement broker based in Pompano Beach, Florida. The firm has worked with policyowners and their advisors since 1993. It holds broker licenses, including in Massachusetts, and markets policies to a network of institutional funding sources.

It also operates as a provider, which means it can buy policies itself. That puts the firm on both sides of the market. On some cases it represents the seller and shops the policy. On others it may be the buyer making the offer.

Neither role is a problem on its own. The useful question is which role the firm plays on a given file. A broker owes the seller a fiduciary duty. A provider does not. When one company can be both, the answer belongs in writing before any offer is accepted.

The firm’s published guidance points to insureds over 60 with policies of $75,000 or more, with underwriting and buyer review before offers are presented.

Windsor works with Life Insurance Settlements, Inc. and finds the team excellent. The team is responsive, knowledgeable, and professional on every file.

Windsor is a licensed broker and a fiduciary to the policyowner, and does not buy policies.

What reviewers report.

Google reviewers rate Life Insurance Settlements, Inc. 4.4 out of 5 across 11 reviews. Nine are positive, and most of those were posted in the past year. Sellers describe the team as professional, transparent, and helpful, and credit it with working hard for a strong offer. One reviewer with an insurance industry credential called the firm a good solution for people who no longer need their coverage. Two older reviews, from five and eight years ago, are negative but give no detail. The firm replies to every review, including the critical ones.

Who qualifies.

Current qualification flow highlights age over 60 and policies of $75,000 or more, with underwriting and buyer review before offers are presented.

Ownership and corporate structure.

Florida firm that brokers policies to funding sources and also buys policies directly as a provider.