Ashar Group, LLC serves as a strategic partner and complete solution specialist in the Secondary Market. We are a team of highly skilled experts who work on behalf of financial advisors, trustees and other financial practitioners to find, negotiate and secure the true market valuation for their clients' life insurance policies in the secondary market. Our unparalleled staff of professionals combines years of experience in the Life Settlement market. We are committed to attending to the needs and welfare of each individual client. We pride ourselves on integrity and the ability to identify the viability of a potential case quickly. Relationships and communication are the foundation for your experience with the Ashar Group. We understand that communication is the key to developing a profitable business for advisors in today's competitive market and we pride ourselves on being proactive, diligent and transparent. As economic and demographic circumstances emerge to create a demand for liquidity and cash flow solutions, Ashar is well-positioned to meet those needs head on.
Why Ashar? As Secondary Market Specialists with over 15 years of experience in this unique and evolving sector, Ashar helps clients appraise, negotiate and monetize their life insurance and annuity assets with extraordinary care and professionalism. To accomplish this goal consistently and without compromising our advisors' reputations or time, we leverage the following critical factors: 1. The Power of Relationships We're in it for the long haul. Because of our approach and track record, Ashar enjoys preferred status with institutional funding partners, advisors and industry experts. Our meticulous reputation, precision and experience are always a value to our clients. 2. Protected Advisor and Client Experience We understand the advisor's world. We know that in order to preserve the relationship with the advisor, our role is to enable the advisor to serve the client. It is this insight that propels us to create smarter, simpler solutions and deep support for our clients. 3. Secondary Market Insight The secondary market is evolving quickly. Ashar is positioned to serve advisors and their clients in the coming decades. Our industry experience, preferred status and unique offerings enable us to deliver consistent and trustworthy results to our clients.
A life settlement is a financial transaction in which a policyowner sells his or her life insurance policy to a licensed life settlement provider for more than its cash surrender value.
Most types of life insurance qualify, including universal life, whole life, variable life, survivorship, group life and even term life.
It is possible to sell your policy, eliminate premium payments and keep a portion of the death benefit.
Selling your policy can supplement your retirement income, free up cash that was being used to pay premiums, fund a long-term care policy, cover unexpected medical expenses or pay off debt. In fact, you can use the money for anything you choose.
And if you still need insurance, you can retain a portion of your coverage while eliminating your ongoing premium payments.
Policyowners who choose to sell their policy receive on average more than four times what they would receive from surrendering their policy back to the life insurance company (London Business School Study, June 2013). Every case is different, however, and the size of the payment is determined by variables such as your health, the type of insurance policy you have and the policy’s premiums.
If the face amount of your life insurance policy is at least $100,000 and you have had a change in health, you may qualify to sell your policy.
To learn whether you are eligible to sell your policy you can call us at 877-LTCINOW or 877-582-4669.
There are no restrictions on the use of the proceeds. Many policyowners use the money to fund long-term care insurance, cover medical costs and/or supplement their retirement income. The choice is yours.
The Tax Cuts & Job Act of 2017 (TCJA) simplified the tax consequences of selling your policy. Unless an exception is met, the sale proceeds will be taxed as follows:
However, for insureds who meet the IRS definition of “terminally ill individual” or “chronically ill individual,” the entire amount of the sale proceeds can be received tax-free1.
Keeping your personal information private is extremely important to us.
Now there is a new financial solution to help those with a Life-Threatening Illness, such as Cancer. Through this stressful time, you can actually sell all or part of your life insurance policy for immediate cash and no longer have to pay the premiums.
Why Sell Your Life Insurance Policy?
How to Qualify
Schedule Your Free Assessment Today!
Attorney - Harley Gordon
We have years of long term care insurance experience helping clients prepare for the unknown. Ask us about:
We can access many different insurance products so you can get the right one for you.
Many financial experts will tell you some unforeseen events and a lack of the right kind of insurance can spell trouble quickly. Call us today, and we'll analyze your insurance needs and get you covered quickly at the right price.
Everyone has different insurance needs. Call us today for a personalized business or individual assessment and find out how we can help protect your hard-earned assets.
After graduating from University of Southwestern Louisiana (USL) now ULL, Rod began his career in insurance June 1990 in the field of Health Insurance. In 1993 he pursued an opportunity in the medical supply business and started a company called Healthcare Warehouse. Over a span of 12 years the business grew to be very successful. In 2008, Rod sold his interest in Healthcare Warehouse to pursue other business ventures. After investing in various opportunities, he began a career in the Insurance industry again, this time specializing in Life Settlements and Long-Term Care Insurance. He has been married to Lynn Milliman since 1994 and they have 2 daughters, Taylor who is a RN at Our Lady of The Lakes Hospital in Baton Rouge and Haylee who graduated from LSU in Accounting and is currently in Law School at Paul Hebert School Law Center on the LSU Campus in Baton Rouge, LA.
INCOME YOU CAN COUNT ON, WHEN YOU NEED IT MOST.
Using your life insurance to help pay "Living Benefits". With today's new life insurance coverage, you are able to cover long term care chronic illness, critical illness such as cancer, heart attack & stroke and more. This benefit come with permanent and term life insurance policies.
We can look into several ways of covering the expense of an extended stay event. One way is with a Single-premium tax-deferred annuity with qualified long-term care benefits for non-qualified funds only. We also have long term & short term care insurance policies. These all cover services like Home Care, Home Health Aide, Home Maker Services, Chore Services, Nurse & Therapist, Personal Care, Respite Care, Adult Day Care, Assisted Living Facility, Bed Reservation, Nursing Home Facility and Hospice Care.
Benefits include, Daily Nursing Facility including assisted living and Bed Reservation
The Benefits Available:
Optional Home Care Rider
This rider pays a benefit for each week you receive 3 or more professional home care service visits of at least one hour per visit in your home, provided you cannot perform 2 or more ADL's or you have cognitive impairment.
For more information, go to Contact Us and click on "Schedule a Free Assessment"