As time passes by, all too many policyowners decide they no longer want or need the protection that Life Insurance provided them when they originally purchased it. Until recently, these policyowners only option was to lapse or surrender their policies to the insurance company. Life insurance is now an asset and policyowners have the ability to realize the fair market value of their unwanted or unneeded Life Insurance.
A Life Settlement is the sale or assignment of a life insurance policy to a financial institution for a lump sum cash payment. It is especially advantageous for individuals age 65 and older whose current life insurance policies have outlived their usefulness. Life settlements often yield returns three to four times the cash surrender value offered by the insurance company.
We believe Life Insurance is a very powerful financial planning vehicle that should be incorporated into any solid financial plan. Unfortunately, nearly 9 out of 10 Life Insurance policies are surrendered, exchanged or allowed to lapse. Our goal is to help policy owners realize the full market value of their Life Insurance. We will attain the highest possible cash settlement for your policy, allowing you to invest in your future.
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