Sell Your Expensive Life Insurance Policies for Cash.
Sell your expensive life insurance policies for cash.
What do you need more? Cash now or money to leave once you are gone? Here are the criteria you should consider-
--If you feel leaving the money to your estate is more needed than your need for money right now, this may not be your best option.
--If you can easily afford the life insurance payments and you have no need for additional cash now, then this may not be something that you need.
--If your need for cash now outweighs the need to leave money to your estate, then you might want to check into this further.
Examples of this might be; needing money for medical expenses, needing money for home health care or a nursing home or needing additional money to maintain an acceptable quality of life. Many people as they get older and find that their retirement is not sufficient to cover their basic needs either try to go back to work or move in with their children. If you find your self in this situation but want neither of those options, this might be an option that works for you and your children.
--If you are faced with high debts or are in danger of losing your home, this might be a good option for you. There are a few situations where this would be an extremely good option for you, they are;
--If you are considering letting your insurance policy lapse because the monthly premium is too expensive. Do not do that. If you do you will get nothing and your family will get nothing. It would be better to sell your policy and get cash now.
--If your term policy is about to expire and to renew it, the premiums would go up, instead of letting it lapse, sell it for cash now.
--If you have no beneficiaries to leave your money to, then you might want to sell the policy and get the cash now.
The average Life Settlement provides up to 300% of the cash surrender value of the life insurance policy. Many people finding themselves in financial need choose to close their life insurance policy and take the cash investment that has built up. Why settle with the insurance company when the average Life Settlement provides up to 300% of the cash surrender value of the life insurance policy.
Regardless of the reason, it is always better to evaluate life settlement than to simply let the policy lapse.
--Offers to buy your life insurance will vary. Here's why: Wall Street investors have different needs for their investment portfolios and each has their own interpretation of life expectancy, which is the single biggest factor in determining the settlement offer - aside from the face value of the policy. Your settlement amount will be determined by the following factors: Policy face amount; Cash surrender value of the policy; Premiums; Your age; the type of policy you have; & your health.
There are no upfront costs to the person selling the policy. If the policy is successfully sold, then your only cost is the broker's commission. We will disclose our fee to you in advance, so you have a clear idea of what the net benefit will be from your life settlement transaction.
What do you need more? Cash now or money to leave once you are gone? Here are the criteria you should consider-
--If you feel leaving the money to your estate is more needed than your need for money right now, this may not be your best option.
--If you can easily afford the life insurance payments and you have no need for additional cash now, then this may not be something that you need.
--If your need for cash now outweighs the need to leave money to your estate, then you might want to check into this further.
Examples of this might be; needing money for medical expenses, needing money for home health care or a nursing home or needing additional money to maintain an acceptable quality of life. Many people as they get older and find that their retirement is not sufficient to cover their basic needs either try to go back to work or move in with their children. If you find your self in this situation but want neither of those options, this might be an option that works for you and your children.
--If you are faced with high debts or are in danger of losing your home, this might be a good option for you. There are a few situations where this would be an extremely good option for you, they are;
--If you are considering letting your insurance policy lapse because the monthly premium is too expensive. Do not do that. If you do you will get nothing and your family will get nothing. It would be better to sell your policy and get cash now.
--If your term policy is about to expire and to renew it, the premiums would go up, instead of letting it lapse, sell it for cash now.
--If you have no beneficiaries to leave your money to, then you might want to sell the policy and get the cash now.
The average Life Settlement provides up to 300% of the cash surrender value of the life insurance policy. Many people finding themselves in financial need choose to close their life insurance policy and take the cash investment that has built up. Why settle with the insurance company when the average Life Settlement provides up to 300% of the cash surrender value of the life insurance policy.
Regardless of the reason, it is always better to evaluate life settlement than to simply let the policy lapse.
--Offers to buy your life insurance will vary. Here's why: Wall Street investors have different needs for their investment portfolios and each has their own interpretation of life expectancy, which is the single biggest factor in determining the settlement offer - aside from the face value of the policy. Your settlement amount will be determined by the following factors: Policy face amount; Cash surrender value of the policy; Premiums; Your age; the type of policy you have; & your health.
There are no upfront costs to the person selling the policy. If the policy is successfully sold, then your only cost is the broker's commission. We will disclose our fee to you in advance, so you have a clear idea of what the net benefit will be from your life settlement transaction.
posted by Life Settlement Pro at 2:09 PM
