A Policy Rescue 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.
Currently, 42 states and the territory of Puerto Rico regulate life settlements. Today, eight states have adopted regulations that require an insurance company to provide written notice to senior policy owners who are facing the lapse of or are intending to surrender their insurance policy that a life settlement is an option that should be considered.
A prospective client should also consider using a life settlement broker that demonstrates an excellent reputation and years of experience. If you are 65 or older, have some health concerns or impairments and the insurance company that issued your policy is "A" rated or better, you may qualify for a life settlement.
Currently, 42 states and the territory of Puerto Rico regulate life settlements. Today, eight states have adopted regulations that require an insurance company to provide written notice to senior policy owners who are facing the lapse of or are intending to surrender their insurance policy that a life settlement is an option that should be considered.
A prospective client should also consider using a life settlement broker that demonstrates an excellent reputation and years of experience. If you are 65 or older, have some health concerns or impairments and the insurance company that issued your policy is "A" rated or better, you may qualify for a life settlement.
Services
About
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Our mission is to help our clients get the maximum value for their unwanted life insurance policy once we've educated them on ways to keep the coverage.
Bob joined New York Life in 1965 and in 1967 was promoted to its sales management team.
In 1969, Bob was honored nationally for building the number one leading sales team in new agent production.
Bob was promoted to the position of General Manager of New York Life's Orange County office in 1970 and in 1975 was again honored for leading all New York Life offices in production and profitability nationwide; Bob received the Chairman's Trophy for his accomplishment.
Bob joined New York Life in 1965 and in 1967 was promoted to its sales management team.
In 1969, Bob was honored nationally for building the number one leading sales team in new agent production.
Bob was promoted to the position of General Manager of New York Life's Orange County office in 1970 and in 1975 was again honored for leading all New York Life offices in production and profitability nationwide; Bob received the Chairman's Trophy for his accomplishment.
Who We Are
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We are focused on helping our clients generate cash for their unwanted life insurance policies.
The genesis of Settlement MastersTM started in 2005 when KPMG, currently a big-four accounting firm, recommended a business owner client meet with Bob Larsen because KPMG was familiar with the policy rescue analysis we perform.
The business owner was the "key man" of a very successful company and it owned a $30 million insurance policy on his life.
The business owner was preparing the company for sale and intended to simply surrender the policy for its current cash value of around $238,000.
The genesis of Settlement MastersTM started in 2005 when KPMG, currently a big-four accounting firm, recommended a business owner client meet with Bob Larsen because KPMG was familiar with the policy rescue analysis we perform.
The business owner was the "key man" of a very successful company and it owned a $30 million insurance policy on his life.
The business owner was preparing the company for sale and intended to simply surrender the policy for its current cash value of around $238,000.
Why Us
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Settlement MastersTM has been retained by trust companies, attorneys and accountants to do life settlements for their clients.
Our intent is to quickly complete a Preliminary Appraisal of the potential value of your contract so you can make an informed decision.
Should you decide to move forward, no medical exam is required and all medical information you provide is protected under the Federal HIPPA Regulations.
Finally, we provide complete transparency of the process and you'll receive a complete Compliance File at the end of your transaction.
Our intent is to quickly complete a Preliminary Appraisal of the potential value of your contract so you can make an informed decision.
Should you decide to move forward, no medical exam is required and all medical information you provide is protected under the Federal HIPPA Regulations.
Finally, we provide complete transparency of the process and you'll receive a complete Compliance File at the end of your transaction.
Contact Us
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Call (877) 927-7243 if you'd like to speak directly to a live Settlement Masters customer service representative.
Use the provided form to send us an email and a customer service representative will reply as soon as possible.
Or simply email us.
Visit our Life Settlements FAQs page to get the answers you need.
We love helping others!
Please pick up the phone and call (877) 927-7243.
We would be more than happy to answer your questions and/or set up a meeting with you so we can better assist you.
Use the provided form to send us an email and a customer service representative will reply as soon as possible.
Or simply email us.
Visit our Life Settlements FAQs page to get the answers you need.
We love helping others!
Please pick up the phone and call (877) 927-7243.
We would be more than happy to answer your questions and/or set up a meeting with you so we can better assist you.
Life Settlement
Report
Settlement MastersTM definition is the sale of a life insurance policy to an institutional trust in return for cash to the policyowner.
A life settlement provider and institutional fund work hand in hand so the institutional fund becomes the new policyowner, is responsible to pay any premiums that are due in the future, and eventually collects the death benefit from the insurance company.
A life settlement is a big decision.
You are the one who ultimately decides whether it's a great idea or not based on your existing needs.
A life settlement provider and institutional fund work hand in hand so the institutional fund becomes the new policyowner, is responsible to pay any premiums that are due in the future, and eventually collects the death benefit from the insurance company.
A life settlement is a big decision.
You are the one who ultimately decides whether it's a great idea or not based on your existing needs.
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