Life Settlement Screening & Analytics for Advisors
Help clients unlock the hidden value in unwanted life insurance, with data-driven screening, strategy comparison, and a transparent broker marketplace.
The Life Settlement Opportunity
Millions of life insurance policies lapse every year because policyholders don’t know they have an alternative to surrendering for cash value. A life settlement (selling the policy to a third party) can yield 4-8x the cash surrender value for qualifying policies. Yet most advisors lack the tools to quickly identify which clients might benefit.
How Lumis Life Helps
Step 1: Longevity Screening
Start with a health-adjusted longevity report. If the client’s life expectancy is significantly impaired relative to population tables, the policy may have settlement value. Our analytics flag this automatically with a marketability score.
Step 2: Settlement Assessment
Add policy details (face value, premiums, cash surrender value, policy type). Lumis Life compares five strategies side by side:
- Hold: Continue paying premiums to maintain the death benefit
- Settle: Sell the policy for a lump-sum settlement
- Surrender: Take the cash surrender value net of charges and ordinary-income tax
- Reduce: Lower the face amount to reduce or eliminate premiums
- 1035 Exchange: Tax-free exchange into an annuity or different policy
Step 3: Broker Marketplace (Optional)
When a settlement looks promising, advisors can post an anonymized listing to our marketplace. Licensed settlement brokers review listings, express interest, and pay a flat lead fee, not a transaction percentage. Advisors choose which brokers to connect with based on reputation and track record.
What Makes This Different
- Advisor-first design: You control the process. No broker cold calls. Client consent is required before any listing is posted.
- Actuarial-grade analytics: Health-adjusted life expectancy, not just age-based lookups. Monte Carlo simulations produce confidence bands, not single point estimates.
- Strategy comparison: Settlement isn’t always the best option. Our four-strategy comparison helps advisors make the right recommendation, even when that recommendation is “keep the policy.”
- Transparent pricing: Flat fees for reports and marketplace access. No hidden percentages or transaction-based costs.
Who Benefits Most
Life settlements are most relevant for clients who are:
- Age 65+ with health impairments
- Holding policies with high face values ($100K+) they no longer need
- Considering lapsing or surrendering a policy
- Looking for liquidity in retirement
- Re-evaluating estate planning strategies
Important Disclaimers
Lumis Life is not a life settlement broker, dealer, or provider. We do not buy, sell, or facilitate the sale of life insurance policies. The platform provides analytics to help advisors evaluate whether a settlement is worth pursuing. All settlement transactions are conducted through licensed brokers and providers.