Life Insurance Settlement Appraisal

With the economy in the state it is, maybe now is the time to explore a Life Insurance Settlement.

Are you age 65 or older and have a life insurance you no longer need? Does your policy have a value of $250,000 or over? Do you need money to pay for medical bills?

Like a home, automobile or investment portfolio, a life insurance policy can be transferred, bought and sold.

A life insurance settlement is the sale of ownership and beneficiary rights in a life insurance policy in exchange for a cash settlement. A life settlement is not for everyone and should be considered with the help of your professional advisor.

Below are examples of some of the many changes that may cause a life settlement to become an attractive alternative.
• To receive more money than the cash surrender value of a policy.
• To receive cash for a policy you no longer deem necessary
• A beneficiary has changed on the policy due to death or divorce.
• Children become independent.
• The policy’s original need is gone. For example, a home mortgage is now paid off.
• Money is needed to provide for the increasing cost of long-term care or medical assistance.

Receive an FREE Life Insurance Appraisal by calling 1-888-973-8377