Life Settlements

As a life settlement broker, we make it possible for you to convert senior insurance policies into cash. Senior life settlements are a method to raise large sums of cash.

There is one big problem when it comes to life insurance. You have to die to reap the benefits of it! Given this, most people view life insurance as an illiquid investment, but this is an incorrect interpretation. One can actually turn a life insurance policy into a liquid asset by perhaps the oldest business mechanism in existence – selling it. There is a huge and growing market of life settlement institutions that want to purchase your existing life insurance.

Life settlements involve the sale of a life insurance policy based on the life of an older person. Investors will purchase your policy for more than the current stated value or cash (liquidation) value and take over the premium payments. In exchange for this, you receive between 10 and 30 percent of the value of the policy in a lump sum now. With a million dollar policy, for example, you would receive between $100,000 and $300,000. The investors then collect the death benefit on your passing. Many people use life insurance settlements as a means for funding their golden years, paying medical bills and so on in these challenging economic times.

Contact us today to find out more about life settlements and how you can turn your life insurance policy into usable cash today. You can reach one of our friendly settlement brokers at (800) 341-5433 or via this contact form to learn more about the options available to you.