What is a Life Settlement?

Person selling their life insurance policy for cash

Life Settlements is an option a policyowner has to obtain a cash payment and maximize the value of their life insurance policy if their is no more need for coverage or if the premiums are no longer affordable.

In the past, individuals would have had to surrender their policies or wait for them to lapse in order to get out of their life insurance policies. There are many reasons to sell your life insurance policy, as well as more information on how life insurance settlements work below.

Maximize Cash Value Of Your Life Settlement

Each new offer generated through the life settlement process results in more money for your client, thereby providing a greater financial portfolio for the life insurance broker to manage as the policyholder’s trusted financial advisor.

Life Insurance Settlements Inc. will broker an existing life insurance policy for an amount greater than the life insurance policy’s cash surrender value, or greater than the amount the policy owner would receive if they choose to allow the policy to lapse. In most cases, the policy being considered for sale is not performing to the expectations of the policyholder. Sometimes, the original need for the life insurance policy has changed, and the premiums to keep the policy current have become a financial burden.

A grandmother hugging her granddaughter

How we can help

Many seniors become so overwhelmed by their monthly insurance payments that policies are being abandoned without first being checked if they can be sold for additional value.

If you are 65+ or suffering from a serious medical condition and need money today, don’t hesitate to call and learn more about why you should sell your life insurance policy. We will provide a no-obligation informative offer. We work with the most reputable licensed companies in the industry.

Let us help you get the most from your Policy.

When selecting a life settlement broker the most important thing to consider is entrusting a licensed professional that has the financial duty of representing your needs. Over the last decade Life Settlements Inc. has been the number one choice for thousands of policyholders, insurance agents and financial professionals. Start the process of selling your life insurance today!