MEC Live Event - Life Settlements: Creating Value Out of Existing Policies
Creating Value out of an Existing Life Insurance Policy
Join us to learn how a life settlement can help provide additional value for your clients. You will learn the options for existing insurance policies, what makes a good candidate for a life settlement and the process to complete a life settlement from the introduction of the concept to delivering the proceeds from the sale of the policy. Case studies and specific examples will show the different opportunities and situations where a life settlement could be an ideal solution to help clients with policies they no longer need or want. By attending, you will gain useful knowledge to better serve your clients by providing an often overlooked planning tool. This presentation is eligible for one hour of CFP and CPE continuing education credit upon your registration and attendance.
Michael Michlitsch, VP Inforce Insurance Solutions, Valmark Financial Group
As Vice President of In Force Insurance Solutions for Valmark Financial Group, Michael leads the Valmark Policy Management Company and Life Settlement Advocacy teams. The two teams work with financial advisors, trustees, estate planning attorneys and tax professionals to ensure life insurance policies perform as intended and continue to meet the needs of the policy owners. This includes performing reviews of insurance policies and making recommendations on how to maximize the coverage. Michael earned his MBA from the Opus College of Business at the University of St. Thomas and his BA in Management and Marketing from Bethany Lutheran College. He is a Chartered Retirement Planning Counselor℠ (CRPC®) and carries the following Financial Services Designations: CFS, CIS, CFF, CES, CAS and CTS. In addition, he holds Series 7, 24 and 66 registrations as well as Life, Health, and Variable Life and Annuity licenses.
