Direct Advantage

Selling your insurance policy DIRECTLY can give you 43% more value on average. Previously the only way to sell your life insurance was through a life settlement broker who is commission based. Now it has all changed; with the emergence of direct to consumer buyers. Commission based intermediaries are no longer needed. Today policy owners can receive 100% of the value of their life insurance in the secondary market by working directly with purchasers as opposed to only 70% of the value paid by working through a commissioned agent or broker. Speed of Transaction In addition to preserving 100% of the…

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Cash Surrender Value of Life Insurance

The cash surrender value of a life insurance policy is the amount of money your insurance carrier will pay out in the event you submit a request to surrender and cancel your contract prior to the death of the insured or the maturity date of the life insurance policy. Permanent life insurance products such as Universal Life and Whole Life (not Term Life) have a cash savings account component where any value not used to cover cost of insurance charges will accumulate and accrue interest and thus will have a cash surrender value accessible to a policy owner.…

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What is a Retained Benefit Life Settlement?

You likely purchased a life insurance policy to protect or benefit family members. Now you may be facing increasing premiums while at the same time having to manage your retirement. All too often many seniors lapse or surrender their life insurance as their needs or financial situation changes. Many do not even know all their options after sinking years of premium payments into their policies. For seniors who may want or need to keep their coverage, there is the Retained Benefit Settlement option that can maximize the current fair value of their policies and provide a lasting benefit.…

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