THE SETTLEMENT MASTERS
Protect Yourself and Your Client
with a Settlement CPA
from The Settlement Masters
What is a
Certified Policy Analysis?
A Certified Policy Analysis is a comprehensive report designed to give a Policyowner the information needed to compare the benefits of keeping their life insurance to the value the policy would bring in the institutional life settlement market. The report is reviewed with the Policyowner, Insured, and Beneficiaries of the policy with sign-offs obtained from all parties.
Why a Certified Policy Analysis?
When an existing life insurance policy is no longer needed, wanted or affordable, the easy conclusion is to give it back to the insurance company for the cash surrender value or “salvage value” as we like to call it; but how do you know this is the “best option” for you or if you are a trustee acting in a fiduciary capacity on behalf of Beneficiaries that it’s the best option for them?
Do not sell your policy without a
Certified Policy Analysis
Get an Estimate
The 'Surrender Value' listed on your policy could be called the Salvage Value.
A Settlement CPA can get you at least double the amount listed. Many clients receive up to FIVE TIMES the amount listed on their policies.
Click here to find out how much you could get.
Why would anybody want to have a Certified Policy Analysis?
We generally see four primary reasons a sale should be considered:
You’ve outgrown your need for the policy.
You most likely purchased insurance when motivated by the desire to provide financial security for someone in the event of your death.
Today, because your savings are sufficient, or the family members you wanted to protect are grown and independent, you realize the protection is no longer needed.
Your life insurance policy hasn’t performed as expected or projected.
Many policies sold over the past 30 years used non-guaranteed assumptions to project future policy values.
Economic conditions have surely caused insurers to reduce the earnings of the typical policy.
These same conditions may have an impact on your ability to meet the premium required to maintain the coverage on a go-forward basis.
Change of Plans
Estate tax and business continuation plans have changed.
Life insurance is an integral component to most estate and business succession plans.
The current estate exemption of $5+ million places less emphasis on maintaining estate liquidity insurance. Business owners and executives typically maintain insurance on their lives to protect the business.
When the business is sold or the executive leaves his/her employer, the ability to convert the insurance to cash becomes extremely valuable.