Top 3 Life Settlement Trends in 2019

​A life settlement is selling an individual’s life insurance premium to a third-party stockholder. It has evolved and has been growing. If you don’t know yet what’s involved, this article will share to you the top 3 life settlement trends in 2019 to widen your awareness.

​Direct-to-Consumer Promotion
Before, the strategy of providers and brokers was to center their attention in widening the networks of professionals and financial investors. Most of these individuals in position within the pipelines are wealth managers, estate planning attorneys, and the like. But, in recent years, a new marketing approach has risen — direct-to-consumer marketing.  It has become beneficial as it has been bringing significant outcomes for the life settlement business. Expected to boost its progress for years to come, the strategy continues to widen consumers’ mindfulness of the life settlement option.

Technological Advancements Helps Underwriting
The modern technology is putting its mark on all corners of the financial services business. In life settlements, new technologies and data schemes are being implemented for quicker processing of transactions. Through these, underwriting becomes more active and renders more accurate projections in estimating life expectations. 

More Investment Funds Flowing Into Life Settlements
A life settlement is both an asset and a liability. Currently, there is more demand for non-correlated assets. By the way, you may think that life settlement seems like a fixed-income investment, but it necessitates you to shoulder the premiums to retain the death benefit.

The stability of the life settlement landscape can be achieved by investing more funds. Institutional investors are raising most of the funds. This smart way is their access to life settlements since the risks can be expanded with multiple policies. 

The Help You Can Gain From a Professional Advisor
As the life settlements industry continues to flourish, professional advisors never stop in monitoring essential trends. Looking ahead to 2019, you, as a policyholder, can receive creative help from these professional advisors. They can help you evaluate all your assets so that you can monetize every asset you possibly can. In other words, the life insurance policy that you purchased years ago can actually be turned into cash right now.

One More Thing Before You Go
You can expect more from life settlements. To ensure your future, let a reputable insurer provide you the best life insurance plan that you need.

At Simplified Insurance Solutions, we do our best in making sure that our clients are well-protected with affordable and comprehensive policies. We make sure to go the extra mile to help you with your needs. To learn more about how we can help you, please contact our agency at (888) 340-7633 or Click Here to request a free quote.