A owner of a life insurance policy sells his or her ownership rights, usually through a broker, for a lump payout that is usually three to four times the cash value of the policy, surrender amount, or by lapsing the policy to the life insurance company. The buyer or purchaser, usually an institutional investor (aka Life Settlement Provider), takes over payment of the premiums and collects the death benefit once the insured person passes away.

If you are interested in a Life Settlement, please call 1-888-973-8377. We would be glad to assist and answer any questions you might have.

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.

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.

Life Settlements, often called viatical settlements, can create immediate CASH if you are living with a terminal illness.  A life settlement offers a unique opportunity to receive money for much-needed medical expenses, alternative treatments, travel, or life expenses to fulfill one’s wishes or dreams.

Call 1-888-973-8377 to speak with a Life Settlement Specialist.