If you are over age 65 and have at least $250,000 in life insurance, you may qualify for a life insurance settlement.
You bought life insurance for a reason, but circumstances change over time. If you are need of retirement income, and your life insurance policy is no longer needed, a life settlement may be right for you!
The insured should know that his or her life insurance is a capital asset that has value. And like any capital asset with value, it can be sold for a fair market value price.
A Life Insurance Settlement is the sale of 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.