Life insurance settlements are the process whereby an individual of age 70+ retains a broker like us. You fill out a HIPPA form where we gather all of your medical records. We pay to order life expectancy reports and then package all of the information and shop them to the international bidding community of the largest multinational banks in the world. The result is, we bring you offers from these banks and you choose which one you would like to work with.
As a brokerage firm we have been in the industry for approximately 10 years we have served many clients, and helped their families receive in the many millions of dollars.
A popular strategy that many seniors seem to like is selling their life insurance policy, thereby stopping the payment that they owe (negative cash flow) and instead with the profits they purchase an annuity which creates new positive cash flow each year. This can be an excellent strategy for an estate.
In the life insurance settlements industry, there is constant change in regulations as well as funders that come in and out of the marketplace. It is a very challenging and detailed business, and really requires an expert broker to help guide you through the normal pitfalls. We would like to earn your business.
We welcome the opportunity to help you learn more about your specific policy, please click our LIVEpdq so we can help you calculate the potential value of your life insurance settlements, and see how we might be able to serve you and your family.