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What is a Life Settlement?

A Life Settlement is a cash payment to the owner of a life insurance policy in exchange for the assignment of the ownership of the policy. With a Life Settlement you turn an otherwise untouchable asset into something liquid, something immediately useful.

By liquidating a policy for amounts higher than the cash surrender value, policy owners can initiate important financial opportunities with a cash infusion from the proceeds of an unwanted, unaffordable or unnecessary life insurance policy. Changes in your lives and circumstances can reduce or eliminate the need for an existing life policy! What was once a sound and essential asset can often evolve into an unneeded expense---even a burdensome liability.


With current economic conditions created by stock market declaims, combined with poor retirement fund performances, this option offering amounts greater than current cash surrender value for policies no longer relevant to someone’s current needs has strong appeal.

With your new found cash, you can invest in annuities, enhance your estate planning, provide for long term care needs or use the money to better enjoy and live the life you've earned.

Find out more about life settlements and the great new opportunity it creates for you.

 

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