What is a Life Settlement?

What is a Life Settlement?

Life Settlement is a cash settlement obtained through the sale of your existing life insurance policy. A life insurance settlement involves selling an existing life insurance policy to a third party company outside of the insurance company that previously issued the policy. In the past, individuals would have has 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 broker to manage as the policyholder’s trusted financial advisor or agent.

Life Insurance Settlement 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 policy has changed, and the premiums to keep it current have become a financial burden

How we can help

We find that most seniors become so exasperated by their monthly insurance payments – and having to deal with rude insurance companies – that policies are being abandoned without first being checked if they can be sold for additional value.

If you are over 65 or suffering from a serious illness and need money today, don’t hesitate to call and learn more about why you should sell life your life insurance. We will provide a free no-obligation informative offer. We work with the most reputable licensed companies in the industry. We represent you, and seek to give you the highest return when you’re cashing in life insurance.

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!