The Lifeline Program's New Infographic Shows Why Broker Dealers Should Back Life Settlements

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Nurture New Retirement Goals by Selling Old Life Insurance Policies

After years of a dealing with a down economy, it may be a great time to make a smart financial move that can help nurture a more prosperous retirement. According to retirement experts at The Lifeline Program, failing to assess your current situation in light of an improved economy would be an error for most investors, homeowners and business owners. If too much of our financial nest egg is tied up in one asset, then we are vulnerable to economic shifts.

With life expectancies getting longer and retirement plans strained, consumers may have assets that can work harder if moved and put to work now. Many insurance agents don’t tell their clients that life insurance can be evaluated for possible sale, and the proceeds can be reinvested in other products that build a stronger retirement plan.

According to research firm Conning, about $3 billion worth of life insurance is sold into the life settlement market per year, but billions more is allowed to lapse. Unneeded, unwanted or expiring life insurance can often be sold at a sizable profit to the policyholder. The funds, which can sometimes reach the hundreds of thousands of dollars, can then be re-allocated or reinvested to provide for a better retirement.

Individuals have frequently sold life insurance policies through a life settlement and then used the proceeds to buy real estate, precious metals, annuities and even better life insurance coverage. The Lifeline Program has designed an easy-to-understand infographic titled “3 Hard Truths: Why Broker Dealers Should Back Life Settlements” to better address common life settlement myths.

“Most consumers don’t realize that life insurance is an asset that can be sold at a profit,” said Wm. Scott Page of The Lifeline Program. “A life settlement offers an opportunity to put your money in motion and nurture a stronger retirement plan.”

The Lifeline Program is a life settlement provider in Atlanta, Ga. Founded in 1989, the company offers the Life-Changing Solution assisting baby boomers, seniors and their families by purchasing unwanted or underperforming life insurance policies for immediate cash. The Lifeline Program actively educates and partners with insurance agencies, estate planners, financial planners, estate trustees and broker-dealers to establish life settlement business lines. For more information on The Life-Changing Solution offered through life settlements, contact Stephen E. Terrell of The Lifeline Program at 770-724-7300 or visit http://www.thelifeline.com. For press inquiries, please contact John P. David with David PR Group at 305-255-0035 or john(at)davidpr(dot)com.

To view or download the infographic, please click here.

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Chad Bullock
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