A life insurance settlement can be a great asset if you have an unwanted life insurance policy. Rather than surrendering your policy, or even worse letting it lapse, you have the option to sell it for a lump sum in a life insurance settlement transaction. If you aged 70 or over with a policy with a death benefit of $100,000 or more you may be a candidate for a life settlement.
Typically a life settlement is a good option for individuals who don’t have a need or want their existing policy or have premium payments that are too expensive. A lot of people also decide to enter into a life settlement transaction because they have had a change in their financial situation or estate planning needs. No matter what your reason or need for considering entering into a life insurance settlement transaction, LIVEpdq can assist you with your questions and evaluate your policy for free.