Sale of a Life Insurance Policy

A Life Settlement is the sale of a life insurance policy covering a person who has a limited life expectancy -- normally 10 years or less. It presents a unique opportunity to extract the maximum value of a Senior’s existing life insurance policy and repurpose those funds for whatever financial needs they may have. Until recently, the owner of an unneeded or unwanted policy had two options – sell the policy back to the institution that issued it for its cash surrender value (if any) or allow the policy to lapse. By utilizing our services, your, or your client's, life insurance policy will be submitted throughout the secondary market. Each new offer generated through this process results in more money for you, or your client, thereby providing a greater financial portfolio for you to manage as their trusted financial advisor or agent. 

WE will broker an existing policy for an amount greater than the policy's cash surrender value, or greater than the amount the policyowner 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. *This option should be considered whenever you, or your client, are over the age of 70, or with significant health challenges, and are considering surrendering or lapsing a life insurance policy. †Learn how both you and your client can benefit by allowing US to provide a FREE NON-BINDING APPRAISAL of any life insurance policy today.

When properly employed, a Life Settlement offers an opportunity for a Senior client to benefit from no longer wanted or needed insurance coverage. The majority of secondary market transactions result in the sale of another financial product or service with part of the capital generated by the sale of the original policy. Case studies have indicated how this capital may be used to broker a new and better performing insurance product proven more suitable for the  Senior client's current needs.