Senior Life Settlement, Viatical Settlement and Life Settlement Agent



 A Life Settlement or Life Settlements is an
updated version of a viatical life insurance settlement:

 

If you no longer need your life insurance policy, instead of taking what the insurance company would offer you in "cash value", you could get up to 4 times this value with a life insurance settlement.

 Senior life settlement resource or information on selling a life insurance policy (this is called a life settlement or life settlements).  If so, I can help you with your life Insurance settlement. If you want to sell life insurance policy, simply contact me for a free evaluation!
 

Life Insurance, like stocks or bonds is now considered a fully marketable ASSET. It can be sold for whatever the market will bear. I can get the MAXIMUM amount of money for your underperforming, unwanted (or needed) life insurance policy because I shop over 30 companies for you. 

A policy owner should consider a Life Settlement if:
 

  • The premium you are putting into the policy has become too costly.

  • The policy's cash value or longevity of coverage is underperforming or due to lapse in the near future if more cash is not poured in.

  • In a buy/sell arrangement, the "business partner" who would have been the beneficiary has died, retired, or gotten out of the business.

  • In a "key man" situation, the executive or "key man" has retired.

  • The beneficiary for whom you bought the policy dies before the insured policy owner and the policy is no longer needed.

  • The burden for which you bought the policy has diminished or disappeared (i.e. estate tax).

  • There is a possibility that the policy might lapse.

What is a Senior Life Settlement and how can you get life settlements by selling a life insurance policy?

If the insured currently has a policy that has accumulated cash value and is currently in-force (and not lapsed or in danger of lapsing in the next month or so) then a life Insurance settlement is possible. A life settlement would provide a lump sum, cash payment in an amount over and above what the insured would receive if he or she went to the insurance company and asked to cash out the policy. In some instances, the amount received is up to FOUR TIMES the cash "surrender value" that the insurance company would offer. This payout is made possible because the insured or policy owner would assign the buyer of the policy as the new, primary beneficiary. The life settlement amount received is more than the current cash surrender value of the policy.
Once your life settlements have been approved, your premium payments will be taken over by the new owner of your life insurance policy - YOU DO NOT HAVE TO MAKE PAYMENTS ANYMORE!

What can you do with the money from a life settlement, life settlements, or viatical settlement?
 

Anything you want! This money can be used to go on a round trip tour of the exotic corners of the earth, help with various family and business needs, repay loans, pay doctor bills, or any number of financial transactions. What's important is the fact that YOU are in control of this money, you receive a check in an amount over and above the cash value offered by the insurance company.

 

Why Should you go through a broker as opposed to one of these "direct" marketers?

Independent Insurance Agents have always been and will always be the BEST way to get the right product for you in the insurance market.  Independent Agents that are not captive to any one particular company are able to "broker" or "shop" your case among MANY different companies and find the best "bid".  Trust this important decision to a knowledgeable professional, not to an overburdened call center.

 

Turn your "death insurance" into CASH!
Contact Ashley Brooks, Licensed Insurance Broker