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About Life & Viatical Settlements →
A Life Saver
When You Want Or Need It.
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More Buyers, Higher Offers.
Term Viatical Settlement
Kathy, 56, used the tax-favored proceeds from her $250,000 life insurance policy to cover alternative treatments for her rare pancreatic cancer, providing her family with comfort.
Whole Life Settlement
Manuel, 71, sold his $2M policy through a life settlement auction, netting 5X the surrender value. With his advisor’s help, Manuel reinvested the proceeds and retired with financial security.
Universal Life Settlement
Can I keep my policy without making any changes?
We completely understand your desire to keep your policy and maintain the coverage it provides. However, it’s important to recognize that circumstances can change, and what may have been a suitable policy for you in the past may not be the best option for you now. A life settlement can provide you with the financial resources you need to address current challenges, such as paying for long-term care or medical expenses, paying off debt, or simply enjoying retirement.
By selling your life insurance policy, you can get a cash payment that you can use as you see fit, and you can also be relieved of premium payments and other policy-related expenses. It’s also worth noting that the life settlement market is heavily regulated, so you can be confident that you are receiving a fair market value for your policy. I encourage you to learn more about life settlements and speak with a reputable life settlement provider to see if it may be a suitable option for you.
There is a life settlement option called a Retained death benefit which is a way for policyholders to retain a portion of the death benefit payout while the buyer takes over premium payments.
In case of the insured individual’s death, the beneficiary receives their guaranteed percentage, while the fund receives the death benefit for the purchased portion. It’s particularly useful for seniors and the chronically/terminally ill, eliminating future payment obligations while maintaining a death benefit payout.
Wouldn't my advisor handle this?
That’s great that you have an advisor who helps you manage your finances. However, it’s important to keep in mind that not all financial advisors are knowledgeable about or have experience with life settlements. 79% of seniors wish their advisor told them of a life settlement option. Some advisors may be prohibited from disclosing this safe option even if it was in your best interest (similar to government-backed reverse mortgages). Life settlements can provide a significant financial benefit for individuals who no longer need or can afford their life insurance policies. They are a safe, regulated, and legal financial option that can help you unlock the value of your life insurance policy. I encourage you to learn more about life settlements and discuss the option with your advisor to determine if it could be a valuable part of your overall financial strategy.
I'm in a good place financially, why sell my policy?
It’s great to hear that you’re in a good place financially. However, even if you don’t necessarily need additional financial resources right now, it’s always a good idea to explore all your financial options to make sure you’re making the most of your assets.
A life settlement can provide you with a lump sum of cash that you can use in many ways, such as investing in a new business, paying off debt, buying a new property, or simply enjoying retirement to the fullest.
Moreover, if you have a life insurance policy that you no longer need or can afford, keeping it may not be the best use of your resources. Selling the policy through a life settlement can provide you with a fair market value for your policy, and you can use the funds in a way that aligns with your current financial goals.
I encourage you to learn more about life settlements and speak with a reputable life settlement provider to see if it may be a suitable option for you, even if you feel like you’re in a good place financially.
Quickly pre-qualify and complete an application in minutes. No med-exam.
Collect free offers from multiple buyers & sell for the highest price. No-obligation.
Proceeds are direct deposited to your bank with possible tax benefits. No restrictions.