Life Settlements

    Here is a great definition of what a life settlement really is.

A life settlement is the sale of a life insurance policy or certificate issued on the life of a person, who does not have a catastrophic or life threatening illness or condition that is likely to result in death within twenty four (24) months, for a dollar amount that is less than the policy’s face value. The person who is insured under the policy is called a life settlor. This person may or may not be the owner of the policy. Only the owner of the policy has the right to sell the policy. If you do not own the policy, the owner cannot sell the policy without your consent. The entity that buys the policy is called a life settlement provider, additionally, there are persons called brokers or provider representatives, who help with the sale of the policy. A life settlement offers you the opportunity to receive a portion of your policy’s death benefit while you are still alivewe can offer you is greater than the cash surrender value offered by the insurance company, therefore Life Settlements are a great way to make use of an assent you most likely will not use. 

Please complete our Free Form and we will get back in touch with you as soon as possible.

     
   
 
   
     

Photos

photo photo photo photo