Why work with a life settlement broker to help sell your client's unwanted or unaffordable life insurance policy? It's as simple as 1-2-3:
1) Brokers have a fiduciary duty to clients. Buyers (providers) do not.
2) Brokers market your client's policy to many different buyers to obtain the highest amount of money for the policy.
3) Brokers do get paid commission for their work (don't you?), and share that commission with advisors. Not to mention, once a client has the money from the sale of the policy, they may need other products and services that you offer. Brokers create a win for your client and a win for you.
Sometimes I see buyers (providers) say "come to us directly and save the broker commission". I understand why they say that, but here is why not---a client recently went directly to a provider and obtained an offer. We marketed the policy and obtained $60,000 more for the policy NET of commission. This is not unusual. I see our value every day.
It is a privilege to be of service to advisors and their clients. Contact us any time. We're here to help.
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