As we go through changes in our lives, our financial needs
change. Beginning in the early 1990's, individuals began to
have better options when they no longer needed or wanted their life
insurance policies. At one time, they could either let their
policy lapse when they could no longer pay for it, or they could
surrender the policy to the insurer for the cash surrender value.
Each year, policy owners uninformed of the value in their policy
allow it to lapse. Unfortunately, almost nine out of ten
universal life insurance policies are lapsed or surrendered.
In either case, it is the insurance company that benefits.
Fortunately, we can now consider entering into a
Life Settlement
agreement (often called a
"Senior Life
Settlement") with a reputable institutional
investor. The good news is that the amount paid is
considerably more than the cash surrender value offered by the life
insurance company. In recent years as people have become more
informed of this opportunity, over a billion dollars have been paid
to seniors in excess of the cash surrender values.
In a Life Settlement, you as the policy owner would sell your
existing life insurance policy to the institutional investor
(Buyer). The Buyer (also known as a life settlement provider)
would pay to you a lump sum cash payment. The Buyer would
become the owner of the policy. From that time forward, the
Buyer would pay all premiums. In the future, the death benefit
on the policy would be paid to the Buyer.
Some of the reasons people have for selling their policies to us
are:
- You no longer can afford the costly premiums.
- Should your policy lapse, you would receive little or no
benefit.
- Our buyers will pay you considerably more than the surrender
value
- You could use the money for your daily living.
- You no longer have the need to provide for your loved
one(s).
- You would have money to meet medical expenses or long-term
health care.
- You could spend some of your estate yourself.
- You could enjoy watching your heirs spend their inheritance.
- You could take that special trip you have always wanted to
take.
- You could secure a college education for your grandchildren.
- You could have peace-of-mind.
- You could have less stress in your life.
When you purchased your life insurance policy, it was probably
to protect your loved ones. If your policy has served its
original purpose, let our experienced professional advisers help
you obtain the highest possible price and help you meet all
relevant requirements.
VIATICAL SETTLEMENT
In the case of a life expectancy of less than two years,
the term
Viatical
Settlement is used.
If you are interested in a
FREE no obligation quote, please
choose the Insurance Settlement Form,
fill in the blanks and email to us:
quote@FoundersFS.com. We will take care of the
rest and get
CASH
to you quickly! We promise to pay to you the
Founders Financial Solutions LLC
4412 Dawnwood Drive
Charlotte, NC 28212
info@FoundersFS.com
highest possible price.