Why Offer Life Settlements?

Why Offer Life Settlements?

“The probability of getting by myself what you accomplished is zero. You are to be thanked by all my family for making this time a little better for all of them and allowing me to see the results…It is a privilege having you on my side!”
-Veris client to his agent

Life insurance has evolved. With the emergence of the secondary marketplace life insurance is now on par with bonds, real estate, equities, and additional holdings. Like those assets, the value of a life insurance policy is determined by what a buyer is willing to offer on the open market.

This marketplace means that life insurance, through the life settlement transaction, has become a useful  tool that provides policy owners with a new “exit strategy” from unnecessary, unaffordable, or inadequate life insurance policies. So it is essential that CPAs, attorneys and other financial services professionals understand the benefits that these life settlement transactions can provide their clients, whether they serve senior individuals, business owners, charitable organizations or trustees.

CONTACT VERIS SETTLEMENT PARTNERS

Veris Settlement Partners, Inc. is a multi-state viatical and life settlement broker. Veris Settlement Partners, Inc., and/or its affiliate firms Chesapeake Financial Settlements, LLC and Select Life Settlements Corporation, and/or one of its two directors as individuals, may be licensed as a life settlement broker or viatical settlement broker, or may be able to broker a life insurance policy owned by a resident of most states. For a list of states and licensing call Veris. Some or all of the proceeds from a life settlement may be taxable under federal or state income tax laws. Advice from a professional tax advisor is recommended. Veris Settlement Partners, inc. is not a viatical or life settlement provider. This Compliance Notice is current as of August 15, 2008 and is subject to change.