Life Settlements
A Life Settlement is the sale of an unwanted or ineffective life insurance policy to an institutional third party for an amount greater than the cash surrender value of that policy. Often times the policy’s fair market value substantially exceeds the cash surrender value which is determined by the issuing insurance carrier. BHR has partnered with the world’s top institutional buyers of life insurance policies to insure our clients receive the best possible offers for their life insurance assets.
BHR makes life settlements easier for you with established relationships of over 40 different life settlement providers. When brokers fail to obtain a fair settlement offer, we’re able to take advantage of institutional relationships and our extensive experience as a life insurance broker to produce superior results. In addition, about 50% of settlements also involve the insurance of a new life policy. We can coordinate the underwriting and implementation of the settlement and the new policy to make sure everything gets handled correctly and on a timely basis. We go the extra mile to negotiate the highest possible settlement.
