Life Settlements Information for CPA's

CPA's, bring much-needed income to your clientele.

A life settlement is essentially the sale of a life insurance policy and can be an important aspect of both personal and business financial planning.

A life settlement could net your client substantially more than the cash surrender value offered by the insurance company.

With a life settlement broker like Quantum Life Settlements, your clients can sell their policies on the secondary market and maximize their asset's value.

To learn how we can help your clients get the highest possible cash payout for their life insurance policies, call our corporate office at (877) 600-9550 Ext 12 for more information.

Life insurance policies that can be sold include:

• Premiums have become unaffordable
• Term period or conversion privilege expiring
• Financial hardships are present
• Your business is sold or you retire and corporate coverage is no longer needed
• Change in estate value
• Long-term care is required
• Death of a spouse or divorce
• Policy has underperformed
• Any other change in the original need for coverage

Life Settlements For Individuals

Clients 70 or older, or those who have a life expectancy between 2 and 15 years, can benefit from selling a life insurance policy, in the appropriate situations. Life settlements eliminate costly premiums and increase cash for other uses.

The cash proceeds of a life settlement can be used by your client for anything they wish, including:

• Purchase new coverage at a lesser cost and/or with a higher death benefit
• Finance long-term care or other heath emergencies
• Avoid bankruptcy
• Provide liquidity for other investments
• Enable cash gifts to family members
• Create cash for living expenses or large purchases

Life Settlements For Businesses

Life settlements have a valuable place in the business environment. They represent a new source of capital for profit, operating expenses, or debt reduction.

A life settlement may be appropriate for the following business scenarios:

• A Key executive has retired or a business is sold and key person coverage is no longer needed
• A life insurance policy is required because of a small business loan has been paid off
• To finance a life insurance policy on the successor to a retired executive
• To infuse capital into a business for operating expenses, bridge periods of low revenues, or debt reduction
• So an over-insured executive can retain a policy after leaving the company
• The business is sold and the proceeds can supplement former owner's retirement

Life Settlements for Charities

Life settlements are is an increasingly popular method of charitable giving. Having an insured person donate the proceeds of a life insurance policy rather than naming a charitable organization as the beneficiary of a policy can have an immediate, positive impact on a charity. See our Life Settlement for Charities page for additional information.