It is important for all life insurance brokerages and financial advisory firms to increase their knowledge of the life settlement marketplace. In order to properly represent your clients' best interests, familiarity with this industry should be a priority. If a senior can benefit more from the sale of a policy than by surrendering it to an insurance company, it is in their best interest to have the opportunity to do so. Fiduciary duty to a client is not only a statement, but also a governing responsibility and an ethical obligation