Life Insurance Settlement Contracts
Life insurance settlement contracts enable you to sell your life insurance to a third party in return for a reduced payout of the face value. The factors for your amount depend, on your age, health, death benefit, and number of years your policy has been active.
In addition, life insurance settlements are being offered as a way to use insurance you may no longer want or need for estate planning or family security, as a way to get a payout greater than the cash value of the policy.
There are many trustworthy and licensed viatical and life insurance settlement companies. But, unfortunately, there are also viatical scam operators urging people to liquidate their life insurance without explaining the implications, as well as senior life settlement companies who do not abide by state guidelines. Be careful when selling your life insurance policy.
Life Settlement Pro is a known and trusted viatical and settlement broker. We would be glad to answer any questions you have. Feel free to contact us anytime.
