Sell Out Of Insurance Policies
Use our free resources to help you sell out of your life insurance policy for a cash settlement. We work with the top market makers in the life settlement business.
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People who own policies they either cannot afford, do not need or simply want the cash before a down the road death benefit are considering transferring or selling their life insurance to another party. This is a market that has grown substantially over the last few years. It is one of those markets where it truly benefits both parties - buyer and seller.
Seller of a policy
The person looking to sell a policy is normally in a situation where they no longer want or need the insurance issue. This could be for many reasons including not being able to afford the premium or simply not needing the policy. A person may be 65 years old with a $500,000 face life insurance contract. The death benefit may be $500,000, but if the person lives for 25 more years and could use the money now - selling the policy may make great sense to that person. A cash offer of $100,000 today may be better for that person's situation right now.
Only a few years ago, this type of market was not available to them. Many people who owned whole life, universal life, variable, annuities and other had to either pay into the policy or let it lapse without a cash settlement attached. Life insurance customers had no secondary market until now.
Age - The age of a person is a vital part of someone looking at being a seller of VUL, annuities or other issue they no longer want. The minimum age our large network of buyer agents will look at is usually 55 years old.
Policy Value (Death Benefit) - The pool of buyers who you can transfer the issue to for a money life settlement is enhanced when the death benefit face value of a life contract is at least $250,000. Similar to most assets and investments, a policy that someone is looking to sell has more of a market to sell to if the face amount is high enough to get the best cash settlement offer.
Help and Quote
Let us provide you with a professional analysis of what your contract may be worth. This is a free service where we notify our top insurance buyer agents of your situation. Simply fill out a very short information form to see if your life insurance policy qualifies for a life settlement and cash option to be sold.
CONTACT US for your FREE analysis.
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