You bought life insurance for a reason. If you are need of retirement income, and your life insurance policy is no longer needed, a life settlement may be right for you!
In this video, we see an example where the insured purchased life insurance to protect his family while his children were young.
But life and circumstances change.
Now that their children are grown, the insured and his wife are retired, but they still are still paying for the same life insurance policy.
As many retirees on fixed retirement income can attest to, costs keep rising while pensions and retirement fund distributions remain the same.
Now what are your options?
Most people do not realize that life insurance is a capital asset that has value.
A Life Settlement is the sale of life insurance to third party for fair market value cash.
We are financial advisors who specialize in life settlement, so we can help you evaluate whether this option is right for you (it may or may not be, but you should know your options).
Contact us to schedule a no obligation consultation, or find out if you might qualify for a life settlement here.