Your Life Insurance policy has a hidden value that can be turned into immediate cash through a transaction called a Life Settlement.

Your Life Insurance policy is more than a death benefit – it also has value that you can access today.  Life Insurance is a form of personal property; like your home, car or other valuable assets. Just like these assets, your Life Insurance policy can be sold for its fair market value.  When a Life Insurance policy is sold for its market value, this is called a Life Settlement.

In a Life Settlement, the purchase price is less than the face amount of the policy, but more than its net cash surrender value.  The policy is purchased for a lump sum payment to the policy-owner, and ownership and future premium payments are assumed by the buyer, who also becomes the beneficiary of the policy.  

Life Insurance is traditionally purchased to provide financial solutions for family or business needs. Over time however, needs and circumstances often change, When changes make a policy unwanted or unneeded, your choices have historically been to terminate or lapse the policy, or to surrender it to the insurance company for its cash surrender value.  Now, you have another option – to capitalize on its market value through a Life Settlement