Life Settlements and Senior Life Settlements

A life settlement or senior life settlement is the transfer of a life insurance policy from the policyholder to a licensed Life or Senior Settlement funder. By definition, the market value is greater than the life insurance cash value but less than the net death benefit.

The transaction involves the policy owner's transfer of ownership rights to the Life Settlement funder, which then pays all premiumsóthe life insurance cash value, and ultimately receives the insurance benefits.

Most policies are lapsed because of costs or other financial strains. Few senior policy owners realize that their policy might bring 5% to 25% of the death benefit through life insurance settlements or senior life settlements. On average, Life Settlements are at least three times larger than policy cash surrender values.

When to Consider a Life Settlement Solution

Seniors wanting more cost-effective insurance are being aided by the new Mortality Table, better product designs, and premium financing. Many others no longer need coverage but want more cash than the policy's surrender value. A Life Settlement can benefit a wide range of seniors as they plan for better retirement, long-term care and other needs.

Life Settlement Solution Qualifcations

Policy holders and financial advisors can tap into financial resources that may be hidden in unneeded life insurance policies. Our approach at American Life Settlements is to obtain multiple offers for a Life Insurance Settlement. The minimum age should be 65, and all types of insurance can qualify.

  Not Registered In Texas
Life Settlement INdustry News 06/20/05

Life Settlements and Real Estate Investing Cash from Life Settlements can boost real estate holdings.Many seniors do not realize that there are no restrictions on the use of their Life Settlement proceeds...

More About Premium Financing

Premium Financing. Affluent insureds can use leverage to buy life insurance using recourse and non-recourse premium financing. After two years, the coverage may be sold as a Life Settlement, or retained....

More About Premium Financing Life Settlement Questions Call 1-877-224-2200
Site Map

09/20/04 Preliminary Life Settlement Quotes Every policy holder and advisor. More..

09/01/04 The End of Costly Insurance Premiums In addition to providing cash, life settlements. More...

08/24/04 Life Settlements used for Estate Planning offer opportunities for professionals. More...

08/03/04 Life Settlement Market Benefits. What if a policyholder's preferences change. More...

Life Settlement Questions Call 1-877-224-2200