Life settlements, senior life settlement, cash settlement, sell your life insurance policy. life settlement broker, life settlement solution Life settlements, senior life settlement, cash settlement, sell your life insurance policy. life settlement broker, life settlement solution

LIFE INSURANCE SETTLEMENTS MADE SIMPLE

HOW DOES A LIFE INSURANCE SETTLEMENT WORK?

 

The Process & Time Frame:

  • Clients Duty:

  • Life Insurance For Life's Duty:

    • Free Appraisal Process:

      • Collecting of policy and medical information - 2-3 weeks

      • Complete initial underwriting of case - 1 week

      • Send complete case to funding organizations - 1 day

      • Negotiate and obtain offers or declinations - 2 weeks

      • Communicate appraisal value to policy owner - 1 day

    • Completing of Settlement Process:

      • Contracts are delivered to the policy owner - within 72 hours

      • Review, signature, and return of settlement closing package - 1 week

      • Recorded changes by insurance carrier - 2 weeks

      • Escrow organization releases cash settlement to client - within 72 hours

      • Client rescission period - dependent on state of residence - typically 15 days

The Negotiation Process of a Sample Case:

  • 76 year old woman

  • Mild Health Issues

  • Premiums of $9,000 per year

  • Net Cash Surrender Value: $17,325

  • Policy Face Amount: $750,000

Funding Institution First Offer Negotiated Offer

Final Offer

Funder #1 $71,000 $75,000 $75,000
Funder #2 $27,000 $35,000 $35,500
Funder #3 $49,000 $50,000 $51,000
Funder #4 $89,000 $100,000 $100,000
Funder #5 $50,000 $55,000 $57,000
Funder #6 Declined to Bid Declined to Bid Declined to Bid
Funder #7 Declined to Bid Declined to Bid Declined to Bid
Funder #8 $105,000 $120,000 $121,000
Funder #9 $55,000 $74,000 $77,000
Funder #10 $33,000 $42,000 $47,500
Funder #11 $67,000 $67,000 $67,400
Funder #12 $43,500 $55,000 $61,000
Funder #13 $37,000 Withdrew Bid Withdrew Bid
Funder #14 $21,000 $33,000 $35,000
Funder #15 $47,000 $55,500 $57,000
Funder #16 $75,000 $89,000 89,000
Funder #17 Declined to Bid Declined to Bid Declined to Bid
Funder #18 $93,000 $103,000 $105,000
Funder #19 $88,000 Withdrew Bid Withdrew Bid
Funder #20 $37,300 $40,450 $42,000
Funder #21 $51,000 $65,000 $67,500
Funder #22 $40,000 $43,000 $44,400

 

As you can see from the chart above, creating competition from investors is the most effective way to get more money for your policy.  Please do not work with only one investing company, this is commonplace with most financial advisors and insurance agents today.  Also, the number of investors is important, but our proprietary negotiating techniques will likely get you a larger settlement amount than any other brokerage available.

 

Bottom Line: $17,325 Surrender Value for "cashing in" a policy vs. $121,000 for a life settlement with Life Insurance For Life.  We hope you will be next to experience this success.

 

WHY CHOOSE LIFE INSURANCE FOR LIFE?
  • Only 1 Application is required to receive multiple offers from the top funding sources in the industry!

  • We represent the best interests of the Policy Owner and Insured during the entire life insurance settlement transaction.  It is our obligation to obtain the highest offer for our clients.

  • There are never any fees to apply and there is absolutely no obligation to accept an offer from any of our funding sources.

  • It is our goal to provide a quick, professional and hassle-free settlement process.

  • All personal information obtained during the application process is strictly confidential.

  • The Companies we work with to obtain your free appraisal, and to complete your life settlement, have successfully negotiated over $1,000,000,000 (one billion) of policies for clients like yourself.  Why would you want to work with anyone else?

By choosing to work with a broker to negotiate offers on your behalf, you have only one point of contact to follow up with regarding your application status.  Also, your physicians and insurance company will only be contacted by one firm. It is quite common for medical records staff and customer service representatives to become overwhelmed and inconvenienced by multiple requests for the same information; which translates into considerable delays in the underwriting process.

WHAT IS THE NEXT STEP?

Learn more about Life Settlements by submitting your case for a Free Appraisal, or contact our offices directly via email or by telephone at 1.920.737.8000Don't delay, get started today!

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