Life Settlements

We’re here to help simplify and guide you through your journey.

A life settlement is the sale of an existing life insurance policy to a third party for a lump sum of cash. Typically, the amount received in a life settlement is greater than the policy’s cash surrender value but less than its death benefit. This transaction is often pursued by policyholders who no longer need or can afford their policy or by those looking to leverage its value for immediate financial needs.

How Does a Life Settlement Work?

To initiate a life settlement, the policyholder works with a broker or directly with a provider who evaluates the policy. Factors like the insured’s age, health, and the policy’s terms determine its market value. Policies held by older individuals or those with health impairments tend to be more valuable because the buyer expects to receive the death benefit sooner.

Why Work with a Broker?

Working with a broker can open your settlement to more potential buyers, creating competition and increasing demand. Experienced brokers guide you through this complex process and help you understand the true value of your policy.

Many direct-to-consumer settlement companies start with low initial offers, and sellers often accept them. An experienced broker, however, works with multiple buyers and auction houses to create a competitive bidding environment, driving up the value of your policy.

Why Work with Core Brokers?

We Make Buyers Compete to Get You Top Dollar

We actively pursue multiple potential buyers, ensuring they compete for your policy. Our direct negotiation strategies aim to secure the highest possible payment for our clients.

Transparent Fees from the Start

Our fees are discussed upfront before we take you on as a client. Many brokers only disclose their fees after an offer is received—we believe in transparency from the beginning.

Lower Fees Than Competitors

Our fees are significantly lower than those of most brokers. While many settlement brokers and large firms charge 25-30% of the settlement amount, our fees range between 6-9%, ensuring more money goes directly to you.

Examples of Actual Deals

Case 1: $5,800,000 Survivorship Policy

Insureds: Male, 92; Female, 87 (both living)

Policy: $5,800,000 Survivorship Policy

Cash Value: $1,340,000

Premium: $75,000/year

Offers Before Core Brokers: $2,700,000 gross; $2,160,000 net (after 20% broker fees)

After taking over the settlement, we secured a gross offer of $3,150,000 within three months. With our 5% fee, the client received $2,992,500 net—an $832,500 improvement.

Case 2: $2,000,000 Survivorship Policy

Insureds: Male, 87; Female (deceased)

Policy: $2,000,000 Survivorship Policy

Cash Value: $340,000

Premium: $32,000/year

Initial Offers: $450,000 to $540,000

We took over the settlement and negotiated with competing auction houses, securing a final gross offer of $850,000. After our 6% fee, the client received $799,000 net. Additionally, we arranged for “pre-funding,” allowing the client to receive payment weeks before the ownership transfer was finalized.