Description
LIFE SETTLEMENTS, ALSO KNOWN AS “SENIOR SETTLEMENTS”, ARE LIFE INSURANCE POLICIES THAT HAVE BEEN SOLD TO A THIRD PARTY.
EVERY YEAR ABOUT 4.5% OF LIFE INSURANCE POLICIES IN THE U.S.ARE ALLOWED TO LAPSE. THE OWNERS OF THESE POLICIES SIMPLY STOP PAYING THE PREMIUMS AND LOSE THEIR FINANCIAL INTEREST IN THESE POLICIES, A LOSS OF ABOUT $900 BILLION IN BENEFITS TO THE POLICY HOLDERS ANNUALLY. MANY SENIORS FIND THAT THEY NO LONGER NEED THE POLICY, OR THEY CANNOT AFFORD THE PREMIUMS ANYMORE, OR THEY NEED THE CASH FOR EXPENSES THAT THEY HAVE.
THERE ARE NO FEES, NO OBLIGATION TO SELL, NO COMMITMENT. WE CAN HAVE ONE OF OUR SETTLEMENT SPECIALISTS CALL AND HAVE A DISCUSSION WITH YOU REGARDING YOUR PARTICULAR SITUATION AND ANSWER WHATEVER QUESTIONS YOU MAY HAVE AND DETERMINE IF YOU WOULD QUALIFY AND IF THIS WOULD BE A GOOD OPTION FOR YOU.
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