Senior Life Settlement Popularity

Just reading recent news articles, and discussing financial options to senior groups and churches, we have noticed the immense popularity of senior life settlements. As the education continues to grow, seniors nationwide will be able to see the benefits of senior life settlements.

A Senior Life Settlement is the sale of an existing life insurance policy by an individual 65 years of age or older. It is labeled a settlement, because there is a large lump sum settlement for your policy. All things change with time, including your life insurance coverage needs. While a life insurance policy can be an important asset at one stage of your life, the same policy may have outlived its usefulness. A Senior Life Settlement lets you convert a non-performing, illiquid asset into cash or another asset that is suitable for your present stage of life.

If you would like to speak with a Senior Life Settlement Counselor or schedule a free counseling or informational meeting, please call 1-888-973-8377.

Senior Settlements

Senior Settlements Provider

Senior settlements provide funds needed for long term care, a dream vacation, or other investments that produce better results. One of the most important benefit is the elimination of premiums that can make a difference in deciding which type of lifestyle you prefer.

Senior settlements are the sale of a life insurance policy to a financial institution (also known as a life settlement provider/company). The policy owner sells the policy for a discounted amount based on their current health status and the premiums required to keep the policy in force. The senior benefits by eliminating premium payments from the sale of the policy and receiving a lump sum of money that can be used that their discretion.

Do not surrender or lapse your policy without exploring the option of senior settlements.