The $8,000 Surprise — A Life Settlement No One Saw Coming

Most people don't realize their life insurance policy has a cash value beyond the surrender value the insurance company offers. That's exactly what happened to one couple who nearly canceled their policy — until they made one phone call.

They had been paying premiums for over 20 years on a $250,000 whole life policy. With retirement costs mounting, they called their insurance company to cancel. The agent offered them a small surrender value. They almost took it.

Instead, a friend suggested they call Jack Davis at Eagles Soar Enterprises for a free policy appraisal. Within weeks, they received a cash offer of $8,000 — far more than the insurance company's surrender offer.

A life settlement is the sale of an existing life insurance policy to a third-party buyer for more than its cash surrender value. The policyholder receives a lump sum cash payment, and the buyer assumes responsibility for future premium payments and receives the death benefit.

If you are age 62 or older with a life insurance policy of $100,000 or more, your policy may qualify. Call Jack at 727.735.3200 for a free, no-obligation policy appraisal.