Life Settlement History Consumers in the United States secure millions of Life Insurance policies each year. Life Insurance provides a security … ..... about Life Settlement History
What is a Life Settlement?
What is a Life Settlement? A Life Settlement is the sale of an existing life insurance policy to a third party investor for an immediate cash payment.
Life Settlement Benefits
The primarily benefit is the life insurance policy owner receives a cash payment for the sale of a life insurance policy, likely higher than the policy’s cash surrender value.
Additionally, the policy owner’s family may receive a percentage of the death benefit upon the insured’s passing.
Selling a Life Insurance policy typically benefits seniors or baby boomers who maintained a life insurance policy for many years.
The biggest benefit to you as a Life Insurance policy owner is you are in control. You decide if a Life Settlement is right for you after reviewing your options. More importantly, you decide how to use cash from the sale of your policy!
SettlementDirect works directly with Life Insurance professionals to find the best Life Settlement for you based, upon your financial goals and needs. Many seniors have thousands of dollars locked away in their Life Insurance without knowing they can access this cash by selling their Life Insurance policy. Contact SettlementDirect today to discuss your personal options and needs!
Selling Your Life Insurance can pay for….
Long Term CareAre part of the Affordable Care Act (ACA) enacted in law March 2010, many seniors can now sell their Life Insurance Policy to pay for long term care and treatment cost with favorable tax benefits.
Medical ExpensesA Life Settlement can provide quick access to much needed cash for Medical Treatment or care. Many seniors hold onto unwanted Life Insurance or watch premiums raise dramatically in later years.
TravelMany Seniors use the equity in the Life Insurance to take a long awaited vacation and travel the world. Never surrender your policy to a Life Insurance company without considering a Life Settlement first!
Supplement Retirement IncomeRecent studies in 2018 have concluded that many seniors no longer have sufficient retirement funds to cover basic living cost. Selling your Life Insurance policy can be a great way to supplement this shortfall by providing the cash you need to live the life you deserve!
Grandchildren's EducationOne of the greatest moments in a senior's life includes watching grandchildren graduate high school or college. Many seniors are finding the benefits of Life Settlement to provide financial relief to loved ones to relieve college the debt burden most young adults incur.
Charitable ContributionsMany seniors enjoy tax benefits for contributing their Life Insurance policy to a chariety organization or university. Donating your unwanted Life Insurance to a charible organization can considerably expand your financial options.
Life Settlement Qualifications
SettlementDirect works to find the best Life Settlement options available to you by working with an extensive network of Life Insurance Agents and industry professionals. Qualifying for a Life Settlement is a quick and easy process and most importantly, free to you.
Qualifying for a Life Settlement requires evaluation of your medical condition, the policy financial aspects such as premium amounts and an analysis of the company and specific insurance product you own. SettlementDirect can guide you through the process from start to finish.
Qualifying for a Life Insurance policy is easier when an individuals Seniors and Baby Boomers are ideally suited for a Life Settlement given their … ..... about Life Insurance Qualification
Qualify for a Life Settlement with a quick evaluation today! SettlementDirect can quickly review your life insurance policy and medical condition … ..... about Qualify for a Life Settlement!