Life Insurance Settlement

Life Insurance Settlements allow a life insurance policy owner to sell an existing policy to a financial institution in exchange for an immediate lump sum cash settlement. The amount paid for the policy is a discounted percentage of the policy's net death benefit and represents the present day value of the policy. This purchase price is determined by considering the insured's estimated mortality (life expectancy) and the associated cost of premiums to keep the policy in force for that timeframe. Free Life Insurance Settlement Evaluation and Quote!

Life Insurance Settlement Qualifications

• All types of life insurance qualify (Whole Life, Term, Universal Life, Corporate Owned Life Insurance, Survivorship, Even policies in Irrevocable Life Insurance Trusts.
• Non contestable policies only, held for at least 2 years.
• Basically it does not matter who owns policy, if the insured qualifies. The policy can be owned by the insured, a business, family member, charity, or any one of thing with an insurable interest in the life of the insured.

Life Insurance Settlement Types

There are two types of life insurance settlements.

• Life Settlements
A life settlement (senior settlement) enables policy owners to sell their existing life insurance policies and receive a percentage of the policy's face amount in excess of the cash surrender value. Traditionally, when the fundamental need for life insurance no longer exists because of changing circumstances, policyholders have had two basic choices: surrender the policy for the cash value or let the policy lapse.

With a life settlement, policyholders and their financial advisors have a powerful, new option.

• Viatical Settlements
A viatical settlement enables someone facing a terminal illness to utilize the present day value of their life insurance policy to ease the financial burdens that can be caused by the high costs of medical care.

Life Settlement Pro

Life Settlement Pro has over 32 years of Insurance experience. We affliate with the top brokers in the life insurance settlement business. Not only will we work hard to achieve the highest life setttlement amount, we will conduct the settlement with honesty, confidentiality and professionalism.

For the largest life settlements and viatical settlements remember Life Settlement Pro! Don't forget to request a Free Information Packet of our Life Settlement & Viatical Settlement Solutions! Whether you're looking for a life insurance settlement, senior settlement, senior life settlement, or any kind of settlement, Life Settlement Pro has the perfect solution for you.

Free Information Request