Selling a life insurance policy has never been easier, through a Life Insurance Settlement. Let us guide you all the way to prosperity.
Selling a life insurance policy has never been easier, through a Life Insurance Settlement. Let us guide you all the way to prosperity.
Selling your life insurance is a major decision. There are different ways life insurance settlements can be structured, understanding these options is essential. Pursuing a life insurance settlement with a licensed broker who can explain all these options and work on your behalf doesn’t cost you anything and is hassle-free.
Donald was having a hard time paying his monthly life insurance premium. With grown children and a paid off home he decided to pursue a life settlement. After 6 weeks Donald received a $74,000 cash offer for his $500,000 life insurance policy. After discussing the offer with his family, his oldest son offered to step up and take over the premium payment and keep the policy in the family. Donald felt better giving his son the policy and even though making no commission on the life settlement his broker helped them understand how to make the appropriate policy changes.
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John’s term life insurance policy was approaching the conversion deadline. Now uninsurable, he wanted to maintain coverage but was only able to afford to convert $250,000 of his $2,000,000 policy into universal life. Instead of lapsing the remaining coverage, his broker was able to secure a $130,000 cash offer for the remaining $1,750,000 of convertible term life insurance.
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After 3 weeks Ann received a $200,000 cash offer for her $1,000,000 life insurance policy. Her broker was able to negotiate the buyer up to an $220,000 cash offer + $15,000 retained death benefit (RDB). Ann designated her children to receive the $15,000 RDB to cover final expenses.
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Find out how much your life insurance policy is worth by engaging a licensed life insurance settlement professional today. When you work with the Life Insurance Settlement Guide, we connect you with the most appropriate licensed broker for your case. They will manage/gather ALL of the required information, cover ALL expenses, and present your case to every potential life insurance policy buyer. When your broker has completed all of this and provided you offers – there is no obligation to sell your life insurance policy. This FREE process can take 3-8 weeks, let’s get started today.