Life settlements generally occur when the policy owner has a limited life expectancy of 10 years or less. They present a unique opportunity to extract the maximum value of a senior’s existing life insurance policy and repurpose those funds for whatever financial needs they may have. Until recently, the owner of an unneeded or unwanted policy had two options. They could either choose to sell the policy back to the institution that issued it for its cash surrender value, or allow the policy to lapse. In most cases, the policy being considered for sale is not performing to the expectations of the policyholder. Sometimes, the original need for the policy has changed, and the premiums to keep it current have become a financial burden.

A professional life settlement company such as Life Insurance Settlement, Inc. can submit your policy throughout the secondary market. Each new offer generated through this process results in more money for your client, thereby providing a greater financial portfolio for you to manage as their trusted financial advisor or agent. Seniors settlements offer seniors the ability to purchase a life product that better suits their current financial needs. Perhaps they could purchase a luxury item, or fund a life-long dream. Whatever your current situation, the qualified team at Life Insurance Settlements, Inc. is ready to assist you.