Life Settlements and Loan Rescue
Life Settlements
Qualify
Your policy will be reviewed to determine if it is eligible to be sold and qualify for a life settlement. The factors that are considered are age, policy type, and policy value. We use these factors to determine what your policy is worth, to accurately put together an offer.
Document Submission & Review.
This portion of the process consists of signing an authorization that allows us to gather copies of your medical records and life insurance policy information.
Offer & Acceptance.
Once the value of your policy is determined, you may receive an offer from, our licensed life settlement providers. You can choose between selling your entire policy for cash or keeping part of your policy’s death benefit while eliminating future premium obligations.
Timing varies when trying to cash in your life insurance policy. It all depends on how long it takes to receive and evaluate your medical records, how soon you are able to sign and return documents, and how quickly your life insurance company transfers ownership.
Loan Rescue
Do you have an existing policy with a huge outstanding loan. Well if you qualify, we can repay the loan as well as get you a small death benefit without any out of pocket money on your part. Let us take a look at your policy and we will see what we can do.
Those who choose to sell their life insurance policy, also known as a life insurance buyout, receive an average of four times more than they would earn from surrendering their policy back to their insurance company.