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.