Life Settlement Info

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A life settlement is the sale of a life insurance policy that gives the policy owner a cash settlement in excess of the current cash surrender value.

A life settlement is an innovative financial and estate planning tool that financial professionals throughout the country are utilizing to increase their productivity. Life settlements will help you sell additional products, reduce lapse rates, while keeping the original policy in force.

Life Settlement Case Example

Age/Gender: 81/Female
Policy Type: Universal Life
Face Amount: $10 Million
Cash Surrender Value: $350,000
“REAL VALUE” Settlement: $2.6 Million
The policy ws no longer needed for estate planning purposes, and was sold for over seven times the cash surrender value.