Life Settlements, also known as Life Insurance Settlements or Senior Settlemnts, is a lump sum payment to the owner of a life insurance policy by one of many funding sources in exchange for the ownership of the policy. This can be a tremendous financial planning tool for seniors who have a policy that is lapsing or being surrendered, need for new life insurance, annuities, or long term care, insured has outlived the beneficiaries, premium payments are too high, or for any other need or reason.
Age to Qualify: Seniors the age of 65 years or older can qualify, however if there is terminal or signicant health issues a younger age level can be submitted.
Policies that Quality: Almost all types of Life Insurance policies can qualify for a Life Settlement, even Term Insurance! Universal life, whole life, survivorship, keyman, trust, premium financed and chartity owned polices can be sold.
Face Value: The ideal policy size for settlement is $250,000.00 up to $50 million. However, we can assist with small face and low face value policies as low as $50,000.00
Get Cash for you Life Insurance Policy. Call 1-888-973-8377 today!
Note: Each life settlement case is looked at individually. The main factors that are reviewed are the insured's age, health, annual premium, and insurance carrier. There is no cost or obligation to determine if you qualify for a Life Settlement. Request an application or contact us today to get started.