WHAT IS A LIFE SETTLEMENT?
A life settlement is the sale of a life insurance policy covering a person who has a limited life expectancy -- normally 10 years or less. It presents a unique opportunity to extract the maximum value of a Senior’s existing life insurance policy and repurpose those funds for whatever financial needs they may have. Until recently, the owner of an unneeded or unwanted policy had two options – sell the policy back to the institution that issued it for its cash surrender value (if any) or allow the policy to lapse. By utilizing the services of Life Settlement.cc, your life insurance policy will be submitted throughout the secondary market.
Life settlement.cc will broker an existing policy for an amount greater than the policy's cash surrender value, or greater than the amount the policy owner would receive if they choose to allow the policy to lapse. In most cases, the policy being considered for sale is not performing to the expectations of the policyholder. Sometimes, the original need for the policy has changed, and the premiums to keep it current have become a financial burden. This option should be considered if you are over the age of 65, or with significant health challenges, or are considering surrendering or lapsing a life insurance policy.
When properly employed, a life settlement offers an opportunity for you to benefit from no longer wanted or needed insurance coverage.
Life Settlement.cc provides the life settlement expertise and resources to help individuals discover the true market value of their current life insurance policies. With more than 30 years of industry experience and proven capabilities, we have effectively generated millions of dollars for our clients through life settlement transactions.
Life Settlement.cc specializes in providing clients with a thorough analysis and evaluation of options regarding existing life insurance policy (or policies). Life Settlement.cc offers policy owners a 360-degree view of their options, outlining the economic benefits, tax ramifications and estate planning rationales for selling, maintaining, replacing or purchasing additional insurance for their estate or business planning needs.