Many people are not aware that life insurance is actually a personal property and as the owner you may therefore sell it. You can take your about-to-lapse, unwanted, or unsuitable insurance policy and turn it into a cash asset today!

A Life Settlement is the sale of a life insurance policy to a third party for a percentage of the policy’s net death benefit that is always more than the issuing insurance company will pay for the surrender of the policy. The amount is determined by factors such as age, expected life expectancy, and policy characteristics such as premium costs.

A Life Settlement may be a more lucrative alternative to letting the life insurance policy lapse or surrendering it to the issuing insurance company. Whenever senior policy owners are considering surrendering a life insurance policy for any reason, they should explore the life settlement option with their financial advisors.

Life Settlements present a unique opportunity to receive the "true market-value" for an existing life insurance policy and re-allocate those funds for your current financial needs. In fact, seniors can use the cash settlement for anything they need from medical expenses, living expenses, or anything they desire with no restrictions. Plus, the policy appraisal process is risk free, private and requires no medical exam.