Certified Life Settlement Specialist · LSN Member

Your Client Has a Policy.
We Can Make It Pay.

If your client needs funds for senior living, long-term care, or retirement — and can no longer afford their life insurance premiums — they may be sitting on a significant, untapped asset. As a certified life settlement specialist, I help your clients convert that policy into real cash before it lapses into nothing.

88%
of life insurance policies are lapsed or surrendered — policyholders get little or nothing
$4.5B
in life settlement transactions annually — a regulated, growing market
4–8×
more cash than a policy's cash surrender value, on average
70%
of seniors turning 65 will need some form of long-term care
The Reality
$127,750 Median annual cost of private nursing home room (2024)
11 mos. Average time before seniors exhaust savings paying for nursing home care
14% Share of older adults who can afford nursing home care from income alone
$37.5B In senior policy value lost annually to lapses and surrenders — most never explored

Simple. Transparent. Fast.

Most life settlement transactions are completed within 30–90 days. There are no out-of-pocket costs to the policyholder, and no obligation to proceed after evaluation.

01

Referral Conversation

You identify a client who owns a life policy and faces financial pressure related to care, living, or premiums. A 15-minute call with me is all it takes to determine if they qualify.

02

Policy Evaluation

We review the policy type, face value, premiums, and the insured's age and health profile. No obligation — just information that shows your client what their policy is actually worth.

03

Market Bidding

The policy is submitted to licensed institutional buyers. As an LSN member, I work the market to maximize competitive offers — your client gets the highest available bid, not just the first one.

04

Funds Delivered

Your client receives a lump-sum cash payment — no restrictions on use. Premiums stop. Care can begin. The policy has done its final, best job.

Built for Professional Referral Partners

I don't work directly with the public — I work with the professionals already trusted by seniors. My value to you is simple: I solve a problem your clients have that you cannot solve alone.

Elder Law Attorneys

Your clients often arrive with life insurance policies they can no longer afford — and an urgent need for care funding. A life settlement may preserve more estate value than a lapse or surrender ever would.

  • Medicaid spend-down planning tool
  • Policy worth far more than cash surrender value
  • No fees to the client, no disruption to your engagement
  • Complement to estate and care planning strategies

Senior Living Admissions

When a prospective resident or family is close — but not quite there financially — a life settlement can bridge that gap. I help get qualified seniors into your facility without delay.

  • Turns a "not ready" into a move-in
  • Funds assisted living, memory care, skilled nursing
  • 30–90 day process, no premiums during evaluation
  • No out-of-pocket cost to resident or family

Senior Care Facilitators

Whether you're a geriatric care manager, social worker, or placement specialist, you see families stuck. A policy they were about to let lapse could be the answer — and I can evaluate it quickly.

  • Quick eligibility screening — usually one call
  • Helps clients remain private-pay longer
  • Works alongside home care, hospice, and facility transitions
  • I handle the entire settlement process for you

What a Life Settlement Actually Does

Names and identifying details changed to protect privacy. Cases sourced from industry settlement data and partner transactions.

Assisted Living · Memory Care
$500K
Policy Face Value
$92K
Settlement Received
$0
Surrender Value Offered

A 79-year-old woman with early-stage dementia had a universal life policy her family could no longer maintain after her husband passed. The carrier's cash surrender value was negligible. The family, working with their elder law attorney, initiated a settlement evaluation. The policy sold at auction within 60 days.

Result: Three years of assisted living funded. Medicaid eligibility preserved for future planning. Family had time to make a thoughtful care decision rather than a crisis one.
Long-Term Care · Skilled Nursing
$750K
Policy Face Value
$148K
Settlement Received
34 days
Time to Close

A senior care placement specialist was working with a 83-year-old widower whose family was weeks away from Medicaid qualification — but a quality skilled nursing facility required private-pay admission. The client's whole life policy, on the verge of lapsing due to unpaid premiums, was submitted to life settlement market bidding.

Result: Facility admission secured without delay. Client remained private-pay for over a year, allowing the family to protect other assets during Medicaid planning.
Retirement · Debt Relief
$400K
Policy Face Value
$74K
Settlement Received
~20%
of Death Benefit Recovered

A couple in their late 70s faced mounting credit card debt and were at risk of losing their home. Their financial advisor had not discussed the life settlement option. After referral, a joint policy evaluation revealed the policy was sellable at significant value above surrender.

Result: Debt eliminated. Home retained. The couple described it as "finding money we didn't know we had." Policy buyer assumed all remaining premium obligations.
Home Care · Hospice Transition
$250K
Policy Face Value
$61K
Settlement Received
Tax-Adv.
Proceeds (qualifying diagnosis)

A 76-year-old man with a terminal diagnosis needed in-home care but his family had limited liquid assets. His daughter, working with their geriatric care manager, asked about life settlement options. The existing term policy was converted and submitted for settlement evaluation.

Result: Home care funded for 18 months. Client remained in his home as intended. Proceeds received largely tax-free under IRS guidelines for terminal illness criteria.
Featured · Long-Term Care Six-figure settlement · Referred by elder law counsel
$1.2M
Policy Face Value
$285K
Settlement Received
$0
Surrender Value Offered
52 days
Time to Close

An 81-year-old retired executive with advancing Parkinson's disease held a $1.2 million universal life policy. His family, represented by an elder law attorney managing his estate transition, was exploring every available asset to fund an extended stay at a memory care facility projected to cost over $140,000 per year. The carrier's cash surrender value was $18,400 — less than two months of care. The policy was submitted to competitive bidding through the secondary market. Nine institutional buyers evaluated the policy. The winning offer came in at $285,000 — more than 15 times the surrender value — and closed in 52 days with no out-of-pocket costs to the family.

Result: Two full years of private-pay memory care funded. Medicaid spend-down planning preserved. The estate avoided forced liquidation of other assets. The attorney described it as "the most impactful referral conversation I've had this year."

Not All Life Settlement Help Is Equal

The difference isn't just service — it's whose side they're on. That determines how much your client walks away with.

⚠ Direct Buyers — the ones who advertise heavily

They Represent the Buyer. Period.

Direct buyers — the ones you see spending heavily on ads — work on behalf of institutional investors, not sellers. They have one job: acquire policies at the lowest possible price. The less they pay your client, the higher their return. There is no competitive bidding. There is no advocacy. Your client gets one offer from one buyer with one agenda.

Those advertising dollars? They come from the margin between what your client is paid and what the policy is actually worth. Someone is paying for those ads. It's the policyholders.

✦ Lifeguard Settlement Group — LSN Member Broker

We Represent the Seller. That's the Entire Job.

As a licensed member of the Life Settlement Network, backed by SFS Life Settlements, I have a fiduciary responsibility to your client — not to any buyer. I shop each policy to multiple institutional buyers simultaneously, including the major direct buyers, and let them compete. Highest offer wins. Your client keeps the difference.

No ad spend to recover. No investor returns to protect. Just the best number the market will produce — for the person who actually owns the policy.

📌 One more thing your clients should know: Direct buyers routinely open with offers that are 10–20% of what competitive bidding ultimately produces. The gap isn't a rounding error — it's often the difference between covering care costs for one year versus four. If anyone tells your client there's "no commission" with a direct buyer, ask them to show you what the competitive market would have offered. We will.

Nearly Two Decades.
One Focus.

Kal Reece has spent nearly 20 years in insurance and financial services, with deep expertise in life settlements, IUL, whole life, and senior financial planning. As a certified member of the Life Settlement Network and licensed across the U.S., he brings the credibility your referral demands.

  • Certified member of the Life Settlement Network (LSN)
  • Licensed across the U.S. · CA Lic #0D20413
  • NAIFA member · BBB accredited business
  • No upfront cost to client. No obligation after evaluation.
  • By appointment only — your clients get focused, unhurried attention
🏛️
LSN Certified Life Settlement Network certified specialist
🗺️
Nationwide Licensed across the U.S.
📋
NAIFA Member National Association of Insurance & Financial Advisors
BBB Accredited Better Business Bureau accredited business
Start a Referral

Ready to Refer a Client?
It Starts With One Call.

You identify a client with a policy and a need. I handle everything from there. Most evaluations are completed within 48 hours of our initial conversation.

Schedule a 30-Minute Referral Call →

Lifeguard Settlement Group · A Division of Lifeguard Insurance Services · CA Lic #0D20413
Life settlements are regulated financial transactions. Results vary based on policy type, age, health, and market conditions. Not available in all states.