A life settlement broker or marketplace represents the policyholder and makes the process easier, safer, and more competitive.
The broker gathers your policy details, organizes your application, and prepares your case so buyers can review it efficiently. Most importantly, the broker reaches out to multiple licensed buyers to create competition.
When several buyers review the same policy, offers typically increase. The broker also ensures your case is compliant with state regulations, privacy rules, and documentation requirements. They help explain offers, answer your questions, and guide you through the closing process.
A good marketplace is fully transparent, keeps you informed at each step, and helps you make a decision that aligns with your financial goals. Their role is to advocate for you and ensure you receive fair market value for your policy.
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