Life Settlements

There used to be two options when a senior had a life insurance policy that was no longer needed. Those two options were to either let the life insurance policy lapse or cash in the policy for its surrender value. Now with the advent of the life settlement market, seniors have an excellent opportunity to capitalize on their current life insurance policy. Life settlements allow seniors to cash in their life insurance, but in a new way. Instead of cashing in their policy with the original life insurance company, they can work with a life settlement brokerage to cash in their policy with a financial institution that will pay more than their insurance company.

Reasons for a Life Settlement

• Beneficiary has passed and coverage is no longer needed
• Premiums are no longer affordable
• Current policy is underperforming
• Long term care needs to be funded
• The money obtained through a life settlement can be used to better to fund other investments, pay for bills, enjoy a vacation, or bequest beneficiaries while you are living.
• People are living longer ( In this case most clients will sell their policy and purchase a policy with lower premiums. These cheaper premiums can be obtained because the population is living longer.
• Enhance quality of life
• Other Estate Changes haven taken place

Life Settlement Benefits

The concept and the benefits of a life settlement coincide. In its simplest form, you can receive more money in the secondary market than you can from your life insurance company. The same concepts as when you cash in your policy with the life insurance company apply, except you avoid having to pay any surrender charges from the insurance company. You no longer need to make premiums and you have no obligations to the life insurance policy. Do not lapse or surrender your policy without contacting us to see how much more money you could receive.

Life Settlement Qualify?

Below are some basic qualifications, however each indvidual case is looked at differently. We recommend you call us toll free at 1-888-973-8377 or fill out our online evaluation form to receive your free consultation with a Life Settlement Professional.

• Policy Face Value of over $100,000 - no maximum face value
• No medical exam or physical required
• Age must be over 60, however typically clients are over the age of 74
• We determine the life expectancy when we obtain the medical records of the insured. Once we review it, two independent third parties determine the life expectancy of the insured.
• Insured must be terminal with a life expectancy of 12 years or less.
• There can be variances in the estimated life expectancy and this can lead to different offers from different funding companies. That is why we negotiate with every funding source..
• Must be a change in health status since the issue of the policy.

Life Settlement Pro

Life Settlement Pro has over 32 years of Insurance experience. We affliate with the top brokers in the life settlement business. Not only will we work hard to achieve the highest life insurance setttlement amount, we will conduct the settlement with honesty, confidentiality and professionalism.

For the largest life settlements and viatical settlements remember Life Settlement Pro! Don't forget to request a Free Information Packet of our Life Settlement & Viatical Settlement Solutions! Whether you're looking for a life insurance settlement, senior settlement, senior life settlement, or any kind of settlement, Life Settlement Pro has the perfect solution for you.

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