Life Settlement? Life What Exactly?
When What You Know May Cost You Thousands
When most people hear the term 'life settlement,' they have no idea what it means. And that lack of knowledge may be costing them thousands of dollars.
A life settlement is simply the sale of a life insurance policy. The policyholder sells their policy to a licensed third-party buyer for a lump sum cash payment. The buyer takes over premium payments and eventually collects the death benefit.
Who qualifies? Generally, policyholders who are age 62 or older with a life insurance policy of $100,000 or more in death benefit. Health history and policy type also factor into the evaluation.
What types of policies qualify? Term life (if convertible), whole life, universal life, and variable universal life policies may all be eligible.
The process is straightforward: a free policy appraisal determines eligibility, offers are presented from multiple buyers, and you choose whether to accept. There is no obligation and no cost to find out what your policy is worth.
Call Jack Davis at Eagles Soar Enterprises — 727.735.3200 — for your free appraisal today.
Find Out What Your Policy Is Worth — Free
No cost. No obligation. Just a straightforward conversation about your options.