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Life SettlementsWhat is it?
In its simplest form, life settlements gives seniors the ability to sell their life insurance policies to institutional investors for sums that are far greater than the cash surrender value of the policy. No longer are you forced to accept the amount of money a life insurance company is willing to give you, if you choose to lapse your policy. You have the ability to put this policy out in the open market in order to get a fair value for it.
Who can benefit from it?
It is a fact that if you are 70 years or older, life insurance could become a CONSIDERABLE FINANCIAL ASSET for you.
There are many reasons as to why a senior might want to explore this alternative:
- Access immediate funds for a spouse’s care.
- Proper planning has eliminated the need for much of the insurance.
- The policy is performing poorly due to interest rate changes.
- Receive funds for retirement.
- You can no longer comfortably afford the premium payments.
Regardless of the situation, it is always better to evaluate life settlements than to simply let the policy lapse. Our team is ready to approach any circumstances with substantial knowledge and effort, thus providing you with the best outcome possible. That is our promise.Please contact us so we can evaluate your individual needs
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