336x280

Saturday, January 07, 2006

Highest Life Settlements

To get the highest life settlements is to improve the quality of life during your retirement years. A life settlement is the selling of your life insurance policy. A buyer pays you upfront to become the beneficiary and they will assume the future premium payments. You will no longer be responsible for premium payments. Life settlements are conducted by a Life Settlement Company and a Life Settlement Broker. Once the deal closes, the money is wired to you. The funds can be used for retirement, paying off debts and immediately providing for your family. To qualify for a life settlement, the policyholder must be at least 65 years old, policy value is at least $100,000 and have a life expectancy of under 15 years.

Getting the highest life settlements means having more than one interested buyer. By getting multiple offers, you can make comparisons to pick out the best life settlement for you. The buyers tend to be companies specializing in the investing of life insurance policies. To get quotes on your life insurance policy from interested buyers, just click on the tab.