Sell My Life Insurance Policy

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 Insurance Settlement, Inc. (LIS), your client’s life insurance policy will be submitted throughout the secondary market. Each new offer generated through this process results in more money for your client, thereby providing a greater financial portfolio for you to manage as their trusted financial advisor or agent.

Generally speaking, life settlements are an option for high-net-worth policy owners age 65 or older. Independent estimates report that among this group, 20% of policies have a market value that exceeds the cash value offered by the carrier. And while many policyowners are unfamiliar with life settlements until a financial professional mentions the option to them, the concept has gained attention from high-profile proponents such as Warren Buffett, former U.S. Representative Bill Gradison, and numerous media sources including The Wall Street Journal, Time Magazine, Business Week and The Economist.

Life settlements are generally available to anyone with a policy over $50,000, regardless of income and are gaining public awareness and popularity across income levels.

If is easy to sell and get paid more than the cash surrender value. All you have to do is contact the professionals at Sell my life insurance policy

Life settlements provide 300% of the cash surrender value on average1, and there is no obligation or expense required on your part to have your policy evaluated. Inquire now, and we’ll be happy to begin the evaluation process.

A life settlement is a financial transaction in which a life insurance policy owner possessing an unneeded or unwanted life insurance policy sells the policy (at fair market value) to a third party for more than the cash surrender value offered by the life insurance company. The purchaser becomes the new beneficiary of the policy at maturation and is responsible for all subsequent premium payments.

I tell you why. Until recently, the only choice for seniors who wished to liquidate an obsolete or underperforming policy was to let it lapse or sell it back to the original insurance carrier for its current net cash surrender value. With the advent of the life settlement market, policyholders can now access fair market value for their policies - giving qualified seniors the opportunity to receive a much higher payout than the cash surrender value.

There are so many advantages to selling your policy. You will never see the benefit unless you exact it right now. At theinsureancecorp.com we can generate a large settlement amount for you.

Good question. Here on our blog we will explore the various ways that selling you life insurance.