Would you ever recommend that a client forfeit assets with intrinsic value, even if others were willing to purchase them?
Real estate? A classic car? A boat? Art? Stocks? Private equity portfolio?
Of course not.
Why, then, do 20,000 older HNW/UHNW each year forfeit more than $50 billion of life insurance, foregoing $8 billion in proceeds? Because wealth advisors, either unaware of the large, regulated market for those policies or uncomfortable with an inefficient, expensive distribution channel, never make those policy owners aware that they can monetize those otherwise-illiquid assets.
1908advisors is here to ensure that you can confidently discuss the option of selling an unwanted, surplus life insurance policy, and, for those clients with whom you have determined that a sale is appropriate, we enable an expeditious, bespoke sales process directly with top tier institutional buyers, generating a client windfall 30% greater than with a "life settlement broker" and 5x the proceeds from individual buyers, like those that advertise on TV or show up in internet searches.
DISCLAIMER: 1908advisors, LLC is not and does not purport to be a life settlement broker or life settlement provider. We do not negotiate on behalf of the Advisor or the policy owner. We provide market information and insight, assistance in buyer identification and vetting, the compilation and distribution of relevant documentation, and transaction consulting services to enable enable HNW policy owners and their advisors to transact directly with third party buyers and the life settlement provider(s) that they use to effect the purchase of an in-force life insurance policy.