Don’t abandon your life insurance policy without getting it appraised!
AT NO COST TO YOU!
Your life insurance policy is an asset you own and can be valued and sold like any other property. It is your right to sell it if you no longer need the coverage, it has become unaffordable, or you need cash now.
Don’t settle for what the insurance carrier offers if you don’t have to. If you are considering any changes to your life insurance, be sure to have it appraised for its life settlement value first.
What is a life settlement?
A life settlement is the sale of an existing life insurance policy for more than the cash value and less than the death benefit.
Who qualifies for a life settlement?
- No medical exams required
- Face amount: $100K or more
- Insured age 70+ (younger if impaired health)
- Any policy type can qualify, but Universal Life and Convertible Term are the most attractive
How can you use the funds from a life settlement?
The funds can be used for anything, such as:
- Add to your retirement income
- Pay for long-term care or in-home help
- Cover medical bills or health-related expenses
- Buy new life insurance on younger family members
- Fund other financial products
- Make investments to grow your money
- Give to family or make charitable gifts
- Pay for grandchildren’s education or business ventures
- Pay off loans, credit cards, or other debt
- Travel, enjoy leisure activities, or check off your bucket list
Resources
- Life Settlement Success Stories
- Life Settlement Process
- How Policy Owners Benefit from a Life Settlement
Our Partner
We partner with Ashar Group to facilitate the policy auction so policy owners receive the best offer.
Ashar Group is a nationally licensed life settlement firm that protects the best interests of policy owners by creating a competitive auction to deliver maximum value. They do not sell life insurance, manage assets, or purchase policies. Instead, they serve as an independent resource for fiduciary advisors and their clients, specializing in life insurance valuation for planning purposes.