Life Settlements
If you are over 70 years of age, with an existing life insurance policy that is unwanted or unneeded, then the Life Settlement market may be perfect for you.
Did you know that you can currently sell your existing unwanted life insurance policy for cash today?
A Life Settlement is the sale of a current, in force, life insurance policy. Typically, the original estate planning desires have already been fulfilled, and there is really no need for the policy as projected.
Paying premiums on a policy no longer needed could be a waste of your precious resouces. but you may not like the idea of letting a policy lapse and receiving mere cash surrender value. Finally an alternative exists. Now the owner of a policy may sell it like they would any other asset.
There now exists a huge secondary market, approaching $25 Billion in sales annually, where buyers and sellers exist. Typical sellers may be individuals, corporations, trusts, charities, and typically buyers are usually institutional banks, hedge funds, pension funds, or even insurance companies themselves though their various internal entities.
This secondary market gives the policy owner a market that did not exist in the past. In former years, the policy holder could deal with only one buyer, and that was their individual life insurance issuer. with, their own carrier. Now the policy owner can look into the marketplace and find an array of alternate funders, mostly institutional, and a true market economy to fairly price the asset.
An offer that comes through this process is an offer that has been through the marketplace of supply and demand, not one of minimal buyers. The end result is more money for the policy owner.
Selling the policy is a relativiely straightfoward process. A no cost medical exam is required, and then offers are solicited from around the globe. The buyer can accept or reject any or all offers.
Very often, depending on the factors of age and health, a seller can receive expect to receive 15% -25% of the value of the policy or more.
To find out more about our life settlements program, fill out your confidential inquiry here.
How Do I Proceed?
Use the contact form for life settlements.
