Life Settlement

Life Insurance Settlement

Another type of transaction, often called a “life settlement,” is a financial transaction in which a life insurance policy owner possessing an unneeded or unwanted life insurance policy sells the policy (at fair market value) to a third party for more than the cash surrender value offered by the life insurance company. The purchaser becomes the new beneficiary of the policy at maturation and is responsible for all subsequent premium payments.

The Process

1. Confer with  your team of advisor(s) & The Advisor Group that a life settlement option is appropriate for you and your current financial condition.
2. Fill out The Informal Inquiry & submit to The Advisor Group.
3. Using our network of funding companies & lending institutions, we then present the offers and amounts to you for your approval.
4. Money is then transferred to you via bank wire or cashiers check (client's choice). This total process typically takes no more than 2 to 3 weeks after submission with no cost or obligation to the client ever!

Who qualifies for the program?

Anyone who:

• Is thinking about letting his current life insurance policy lapse?
• Premiums are too costly?
• Financial goals have changed?
• Has a need for lump sum cash immediately?
• Business Buy-Sell or Key-Man no longer needed?

The life settlement market has expanded tremendously to give policy holders an alternative to just cashing out or letting a policy lapse.

Do you have one of the following policies:
term life, universal life, or whole life and meet the following criteria:
•    Is your Policy older than 2 years?
•    Are you 65 or older?
•    Is the Policy death benefit $250,000 or more?
If you answered YES to the 3 questions above, please call The Advisor Group and speak with one of our associates to discuss your individual case.