The Chris Voss Show Podcast – Discover the True Value of Your Life Insurance with Life Insurance Settlements

Discover the True Value of Your Life Insurance with Life Insurance Settlements lisettlements.com Show Notes About the Guest(s): Mark Mrky is a Managing Partner of Life Insurance Settlements Inc. With over 23 years of experience in the life settlement industry, Mark is an expert in helping seniors discover the true value of their life insurance policies. He is passionate about educating individuals on the concept of life settlements and the financial benefits they can provide. Rob Haynie is the Managing Director of Life Insurance Settlements Inc. With 30 years of experience in the industry, Rob has extensive knowledge of the life settlement market. He is dedicated to helping individuals navigate the process of selling their life insurance policies and maximizing their financial options. Episode Summary: In this episode, Chris Voss interviews Mark Mrky and Rob Haynie from Life Insurance Settlements Inc. They discuss the concept of life settlements and how individuals can discover the true value of their life insurance policies. Mark and Rob explain how life settlements work, the benefits they offer, and why they are often a better option than surrendering or letting a policy lapse. They also address common misconceptions about life settlements and highlight the potential financial opportunities they provide for seniors. This episode serves as an informative guide for anyone considering selling their life insurance policy. Key Takeaways: Life settlements offer a viable option for individuals who no longer need or can afford their life insurance policies. The life settlement market is a robust secondary market where institutional investors purchase life insurance policies from policyholders. On average, life settlement offers are two to seven times higher than the cash surrender value offered by insurance carriers. Life settlements can provide seniors with a significant cash payout that can be used for various purposes, such as healthcare expenses or retirement planning. It is essential for individuals to explore the option of a life settlement and consult with professionals to determine the best course of action for their specific situation. Notable Quotes: "If you no longer need, no longer want, or can't afford your life insurance policy, you have an option called a life settlement." - Mark Mrky "Life settlements are a way to put life back into life insurance and take advantage of the premiums you've paid all those years." - Rob Haynie