Senior Settlement Problems

Senior Settlements (Senior Life Settlement) are quickly becoming a popular option for seniors who want to create an immediate lump sum payment for their life insurance policy. Senior Settlements are available to all seniors, but some insurance policies cannot be used for a senior settlement.

You cannot sell a policy that does not list you as the owner, even if you are the insured. Transferring ownership to you is usually simple. Ask your insurance company.

Some insurance policies expressly forbid senior settlements. Read your policy or check with your insurance company

A policy held for fewer than two years usually cannot be sold. However, there are exceptions. Check with the company who will handle your senoir settlement.

RTG Consultants will glady assist you with finding important information about your life insurance policy. They are a Senior Settlement Specialist Firm and will use their experience and knowledge to find out if your policy will qualify for a senior settlement. Call 1-888-973-8377 with any questions.