Time to Rethink Fiduciary Responsibility
June 18, 2025 by Life Insurance Settlement Association
For decades, financial professionals have relied on a trusted set of tools to help clients manage risk, plan for retirement, and navigate life’s financial transitions. But what happens when one of the most valuable personal financial assets, a life insurance policy, stops serving its original purpose or is no longer needed?
That’s the moment when a lesser-known option, the life settlement, should come into play. Unfortunately, many advisors overlook or are not educated about it. And in doing so, they may be leaving their clients—and their fiduciary duty—behind.