Financial Advisors

l.i.f.e. Long Relationships

The number of people in the United States aged 65 and older is expected to double by the year 2030 to nearly 71 million people (which will be roughly 20% of the U.S. population).* For that reason alone, prudent financial advisors would do well to familiarize themselves with the secondary market for life insurance and the Life Settlement process.

The secondary market for life insurance will continue to grow exponentially gaining increased acceptance as a useful financial planning tool for high net worth individuals with unneeded life insurance. Yet, a Life Settlement is not for everyone. Nor should an individual enter the Life Settlement market without qualified professional assistance.

Fiduciary Responsibility

If you have a fiduciary relationship with a client, informing that client of an available beneficial opportunity like a Life Settlement is likely required. Even if your relationship is not precisely that of a fiduciary, staying informed and giving the best and most complete advice is advantageous both to you as an advisor and to your clientele.

To ensure you are acting in your clients’ best interests, you may wish to take the following steps on your clients’ behalf:

  • Evaluate your client’s overall financial situation to determine if a Life Settlement is a desirable option
  • Analyze your client’s probabilities in the Life Settlement market
  • Research the secondary market to select a highly regarded Life Settlement provider/broker who can supply qualified funding
  • Secure the highest market valuation possible for your client’s policy. The most practical way to achieve this goal is to obtain multiple offers

The Facts of l.i.f.e.

These are the minimum requirements Ashar Group, LLC has established to consider a policy for a Life Settlement.

  • Individuals 65 years of age or older
  • A life insurance policy from $250,000 to $100 million
  • Change in circumstances since the policy was issued
  • Life expectancy from 25 months to 20 years
  • Policy must be beyond the 2-year contestability period

For a listing of the some of the factors that could make a Life Settlement a desirable option, click here.

We Look Forward to Teaming with You

Ashar Group, LLC is a recognized leader in the field of Life Settlements. Our dedicated team of licensed professionals has been active in the secondary market for life insurance since its inception.

As an industry innovator, our comprehensive range of services includes an in-house medical director and legal counsel, allowing us to handle all facets of the settlement process. Typically, this means we can complete the process in a shorter time period and with less paperwork.

Our independent status, competitive bidding process, years of negotiating experience, and solid relationships with multiple funding sources ensure the highest valuations for your client’s life insurance policy.

*[Source: Centers for Disease Control and Prevention and The Merck Company Foundation. The State of Aging and Health in America 2007]