For Immediate Release
Harbor Life Brokerage Joins The Exclusive WE Expert Sourcing Consortium
Revolutionizing the Life Settlements Process for Advisors and Their Clients
• Introducing “My Policy Predictor™” – Reducing policy pricing from months to minutes •
“We’re honored to be included in the WE Expert Sourcing Team,” said HLB CEO Lucas Siegel. “We’re on a mission to unlock billions in retirement funding to help American families. The connections we make with wealth advisors through WE will enable us to provide more flexibility, more transparency, and higher payouts to policy owners who no longer need their life insurance policies.”
HLB has revolutionized life settlements through technology and deep industry relationships. HLB’s AI-driven My Policy Predictor™ calculator lets advisors instantly estimate the settlement value of their clients’ life insurance policies, including tax implications. Should a client choose to pursue a settlement, the Harbor Life Exchange brings together every major institutional buyer to bid on the policy, resulting in sale prices 50% higher than the industry average.
“Every year in the U.S., some $200 billion in life insurance will lapse that could have been sold in a life settlement,” said Siegel. “Through our partnership with WE, we intend to put more cash in the pockets of American families to fund their retirements, pay medical bills, or pursue smarter investment strategies.”
With this announcement, HLB joins an arsenal of best-of-breed expert sourcing firms to provide services to WE’s network of wealth management firms, investment and insurance advisors and attorneys across the nation. The result is the fusion of advanced knowledge, experience, services, and products with sound engineering principles to create a synchronized hub for family and business wealth building.