EPISODE · Sep 12, 2023 · 29 MIN
How to Unlock the Value of Your Life Insurance Policy With Lucas Siegel
from The Agent of Wealth · host Marc Bautis
Many perceive the value of life insurance as the death benefit. However, over $200 billion in life insurance is lapsed or surrendered every year, returning nothing, or pennies on the dollar to the policyholder. Life settlements allow policyholders to sell policies they don’t want or can’t afford on the secondary market for prices that can be four to 11 times higher than the surrender value. In this episode of The Agent of Wealth Podcast, host Marc Bautis is joined by Lucas Siegel, Founder and CEO of Harbor Life Settlements, to discuss life settlements.In this episode, you will learn:What a life settlement is, and how they work.The primary reasons policyholders consider selling their life insurance policies.The eligibility criteria for policyholders looking to sell their life insurance.The typical process of a life settlement.The future potential of the life settlement market.And more!Resources:Episode Transcript & Blog | harborlifebrokerage.com | [email protected] | Harbor Life Exchange | Bautis Financial: 8 Hillside Ave, Suite LL1 Montclair, New Jersey 07042 (862) 205-5000 | Schedule an Introductory Call
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Many perceive the value of life insurance as the death benefit. However, over $200 billion in life insurance is lapsed or surrendered every year, returning nothing, or pennies on the dollar to the policyholder. Life settlements allow policyholders to sell policies they don’t want or can’t afford on the secondary market for prices that can be four to 11 times higher than the surrender value. In this episode of The Agent of Wealth Podcast, host Marc Bautis is joined by Lucas Siegel, Founder and...
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How to Unlock the Value of Your Life Insurance Policy With Lucas Siegel
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