Life Settlement Funder
Institutionally funded companies are now purchasing existing life insurance policies of seniors. In some cases, it can be for substantially more than the cash surrender value or lapse value. The senior must be at least 65 years old. Other factors taken into consideration for purchase are face amount, premium amount, general health condition of the insured and the type of policy. While not all policies are considered purchasable or worthwhile purchasing by Life Settlement companies, Life Settlement brokers have been able to restructure a policy making it more likely to receive an offer. Some brokers also have private institutional sources to purchase policies. Some Life Settlement companies may not be interested in a particular policy while others may be, so the policy needs to be sent to the full market of all possible purchasers. A broker�s responsibility is to take the policy to many possible purchasing companies. This results in not only obtaining an offer but the highest possible offer.
Life Settlement Pro will help find you the highest offer, call 1-888-973-8377 to speak with a representative today.
