Want to sell your policy?

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.

As a prospective seller of your life insurance policy, we will work with you and/or your advisor to make sure that the settlement process is transacted in a timely and professional manner with complete anonymity. There are no out-of-pocket costs to you and our relationships with a wide spectrum of trusted international providers and financing institutions will ensure the best offer for your policy.

When does a Life Settlement make sense?

A life settlement may provide a better alternative than allowing an unneeded or underperforming policy to lapse or be surrendered for its cash value. Life settlements are considered for a variety of reasons, including:

• The beneficiary for whom the policy was purchased is deceased or no longer has a need
• Using the proceeds to purchase replacement coverage
• Having financial obligations or unforeseen financial needs
• Gifting to family members or contributions to charity
• No longer wishing to pay premiums or premiums have become unaffordable
• Undergoing bankruptcy liquidation or a divorce
• Estate taxes are no longer an obligation or changes in estate law
• Liquefying an inactive asset
• Buy/sell funding is no longer an obligation
• Payout or change in deferred compensation
• Eliminating the need for the Key Man

Do you Qualify?

The best candidates for a life settlement are typically individuals over 65, who have:

• A change in insurability since policy issue
• Greater than $250,000 face value policy
• A life expectancy of 3 years or more
• A life policy beyond the 2-year contestability period