Insurance Settlement Policies
Money Life Transfer Policy
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People who own term, whole life or other type of insurance policy contracts can choose a life option settlement and sell or transfer their insurance to a buyer willling to pay a cash offer.
The best candidates for these types of arrangements are people over the age of 55 and have over $250,000 in death benefit coverage. Payouts will be greater when the age is higher and the face value is larger. There are many types of policies that can sold for cash payout settlements. The money potential to sell is based on the factors mentioned above.
Types of Policies For Cash Transfer
Convertible Term - Having term insurance that is convertible with the desired minimum face amount can be a good candidate from which a cash sale can be done.
Universal Life - This type of insurance also can be used effectively and is a desired product in the cash settlement market. UL issues are a large part of of the selling volume in the market.
Annuities, Whole Life, VUL and others are available for policyholders to see what value in cash these issues are worth. Money from your insurance is many times a quality of life issue and we can provide the best people in this market and show you what your product is worth is sold as a cash settlement. The money can change lives - while you can enjoy it best.
If you have a life settlement situation you wish to pursue or get a transfer sell quote for, please contact us and we will see what the policy could be worth.
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