Life Settlement Solutions

Life Insurance Settlements are a popular solution for un-wanted or un-needed life insurance policies.

Life settlements are essentially the same thing as viaticals, except that the policyholder doesn't have to be terminally ill to sell.

Say you're a 60-year-old with a $1 million whole life policy that you don't want any more. Maybe you don't have children, or you just can't afford the premiums.

A life-settlement firm may offer you from 15% to 30% of the policy's face value (depending on life expectancy, cash value and type of insurance) to take over the premiums for you. That's three to four times what you'd get by simply cashing in the policy with the insurer, says Doug Head of the Life Insurance Settlement Association, which advocates for settlement purchasers.

When you die, the investors get the $1 million.

How do the investors make a profit? They're betting you'll kick the bucket before they have to make too many payments. If you do, they stand to reap a sweet return on their investment.

Call 1-888-973-8377 to speak with a Life Settlement Specialist about your solution.