A life Insurance Settlement Should Be Considered as Part of Your Post Covid-19 Planning.

Financial concerns are booming resulting from the Covid-19 pandemic. Individual retirement accounts and financial strategies which seemed secure just a few months ago are now uncertain at best.

For those individuals who are age 65 or older, who have in force life insurance or who may have life insurance policies owned by a trust they previously created should consider determining whether a life insurance settlement may provide a replacement dollars for proceeds lost in other investments.

A life insurance policy is a valuable asset.  Financial value and benefits of a policy can be unlocked during the policy holder’s lifetime because like any personal property a life insurance policy can be sold to a third party. There are several investment firms interested in purchasing policies.

A sale of a life insurance policy can result in the policyholder receiving up to four times the amount of the cash surrender value of a policy. As a result, a life insurance settlement can be a part of a change in financial strategy that provides a financial pay out now as opposed to at your death.

So, if you have an insurance policy that you may no longer need, can no longer afford or you simply want cash now to reinvest or spend a life insurance settlement may be right for you.

We provide a no cost analysis to anyone considering the sale of their life insurance policy and can assist anyone deciding to sell their policy through the life insurance settlement process.