Leverage the hidden value in your clients’ life insurance policy to amplify their existing wealth.
A life settlement is the sale of an existing insurance policy or a portion of a policy to a third party for cash. After the sale, the buyer becomes the policy’s owner and at least a partial beneficiary, assuming responsibility for 100% of its premium payments.
Life settlements provide an opportunity to convert life insurance policies into immediate cash.
By selling life insurance policies in the secondary market, policyholders may stand to receive more than the surrender value.
This strategy optimizes estate plans, minimizes tax exposure, and structures inheritance in a manner that aligns with long-term wealth.
Allocate funds to real estate, private equity or venture capital, spreading risk and potentially enhancing overall portfolio performance.
Allocate funds to real estate, private equity or venture capital, spreading risk and potentially enhancing overall portfolio performance.In a traditional life settlement, a licensed life settlement provider (buyer) pays the policy owner (seller) a cash settlement amount above the surrender value. The premiums will be paid by the buyer for the remainder of the insured’s life. The seller receives an agreed upon cash sum when the settlement is complete.
With this option, the seller keeps a portion of the policy and is named as an irrevocable beneficiary on the policy and will receive a guaranteed percentage of the death benefit when the policy pays out. The amount is usually much more than traditional life settlements. The original owner will no longer be required to pay the premiums but will receive a portion of the death benefit. RDB is not available in all states.
A hybrid settlement is a combination of both a traditional and retained death benefit settlement.
Access to Over 75 insurance carriers
CPS Private Client Solutions (CPS | PCS) is a pioneer in the realm of insurance planning. With a seasoned team of industry veterans, we've honed our craft to provide comprehensive risk management strategies supported by insurance.
