Did you know your life insurance policy could be your greatest hidden asset? It's true. Perhaps you only think of your life insurance policy as a security blanket for your beneficiaries-which it has been for many years. However, new financial and insurance innovations now enable individuals to access and make a profit from this asset immediately. It's easier than you think. Let us show you how.
What are Life Insurance Settlements?
A life settlement is the sale or transfer of an existing life insurance policy to an investment fund. The policy owner receives an amount paid for the policy that is a discounted percentage of the policy's net death benefit. The actual profit made by the policy owner represents the current value of the policy rather than the saving's portion of the plan.
The purchase price is determined by considering the insured's estimated life expectancy, and the associated cost of premiums to keep the policy active for that period of time.
Policy owners have 2 life insurance settlement options:
1) Life Settlements generate immediate cash from a non-performing asset. This gives policy owners over the age of 65 the opportunity to sell off unwanted, unaffordable or obsolete life insurance policies. Find out more about Life Settlements
2) Financed Life Policies is a process that allows investors to loan qualifying seniors funds for purchasing life insurance. The investor pays all premiums for two years offering seniors the opportunity to cash out of their policies for up to 10% of the value after the 2-year period expires. Find out more about Financed Life Policies
So, why not start using your "hidden asset?" Take that dream trip, purchase a new home or further increase your net worth. Begin by exploring our website to learn more about life settlement. Then contact or call our 1-866-number a representative is standing by to assist you.
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