Millions of seniors each year will lapse or surrender their life insurance policies. There is another option that can generate 3 - 5 times the cash surrender value for clients, on average. This webinar will feature life insurance broker Lisa Rehburg who will briefly recap what life insurance settlements are and how they work, as well as their legality and regulation, but will primarily focus on cash studies. You will be surprised at the variety of clients that have benefitted from a life insurance settlement - from all economic statuses (including high net worth individuals), a variety of policy sizes (small and large), and different policy types (including term policies). Also included are some unusual and unexpected case studies that may amaze you (think younger and healthier clients) for whom a life insurance settlement worked. Life insurance settlements are not an appropriate option for everyone, but through this webinar, you will know when it can be.
Learning objectives:
1) Identify situations where life settlements may be of benefit to clients
2) Describe the process and timing to clients
3) Assure clients of their legality and regulation
*CE/CPE Eligible: 1 CE credit is available to subscribers with these designations: CFP, CLU, ChFC and RICP. CPA subscribers will earn 1 CPE credits.
Field of Study: Specialized Knowledge
Prerequisites: There are no prerequisites for this session.
Advanced Preparation: None
Program Level: Basic
Delivery Method: Group Internet Based
NASBA Approved
Financial Experts Network (Sponsor Id#: 145173) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.