Frequently Asked Questions - www.lifesettlementinformation.com

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Q: What is a life settlement.?

A: A life settlement is the complicated term they use for the sale of an existing life insurance policy. A life settlement is the transaction that occurs when one person sells their own life insurance policy to a broker or provider.Life Settlement = Life insurance policy sale,Read a more detailed explainer article of what is a Life Settlement here in our blog

Q: Who is eligible for a life settlement,?

A: Anyone over 65 years of age with a Universal Life-Term Life or Whole Life Insurance Policy who is in the United States with a policy worth $100,000.00c, some buyers will take a policy under $100k but most set $100k as an approximate minimum value needed.

Q: What types of policies qualify.?

A: Universal Life or-Term Life or Whole Life Insurance Policies all qualify for a Settlement Payment.

Q: How long does the life settlement process take.?

A: It does not take long, Approximately 100 days

Q: Who are the parties involved in a Life Settlement transaction.?

A: You, your Advisors, and the Agent, Broker, or Provider who is assisting you in the process.

Q: Who Should I Sell My Life Insurance Policy To.?

A: You should only sell your policy to a bonded and licensed Life Settlement Agent, or a Broker or a Provider. Which you can find here Contact Form-National Service Provider.

Q: What Is a Life Settlement Provider?

A: A Provider will buy or represent the person or company who buys your life insurance policy in exchange for a life settlement.

Q: What Is a Life Settlement Broker?

A: Broker will guide the life insurance policyholder in figuring out whether they qualify for a life settlement and who to sell their life insurance policy to.

Q: Is there a Life Settlement Agent-Broker-Provider Near Me.?

A: Yes, you can easily connect with a National Service Provider here Contact Form.

Q: How do you Determine if the Life Settlement Company Is Licensed and Bonded.?

A: Our national service provider is fully Licensed and Bonded so you have perfect peace of mind when you use our National Service Provider Contact Form.

Q: What Is the Typical Life Settlement Payout?

A: The Average Life Settlement payout is 20% of the Value of the Policy.

Q: How can I find out how much my policy is worth.?

A: You can get your policy valued completely free and with no obligation from our National Service Provider:Contact Form . Life Settlements typically pay out 4x as much as the cash surrender value offered by your insurance company.

Q: If I no longer need or can afford my policy, what are my options.?

A: You can stop paying the monthly payment, the policy will elapse. You can surrender it to the insurance who will pay less than 5% of the policy value so you won’t get much money back, or you can take a Life Settlement which pays 4x more (20%)than your insurance company will offer you.

Who invests in life settlements.?

Alternative Investment Funds, Institutional Investors and Accredited Investors.

Q: How is an offer calculated and how much can I expect to receive?

A: An offer is calculated using your age, the policy value, and the type of policy, with the average settlement payment is equivalent to approximately 20% of the policy value.

Q: Are life settlement proceeds taxed?

A: Yes so it is important to take independent financial advice before your final decision to proceed.

Q: Is the life settlement market regulated.?

A: Yes the American Life Settlement Market is regulated, but always make sure an Agent, Broker, or Provider is licensed and bonded like our National Service Provider who you can contact here National Service Provider Contact Form

Q: What are the typical disclosures with which I should expect to be provided during the transaction process?

A:

Your Full Name
Your Date of Birth
Your nationality
Your address
Your email
Your telephone number
The name on the policy
The Insurance company name on the policy
The policy value
The policy term: how many years
The policy start date

Q: Is the life settlement process confidential?

A: Yes every aspect of the process is completely confidential.

Q: Are there any out-of-pocket costs?

A: There are no out-of-pocket expenses for your Life Settlement Process, and the buyer covers all administrative costs associated with a life settlement.

Q: Are there any Limits on Payment Amounts?

A: Life settlements do not have payout limits, the face value of the policy calculates your payment, the age and life expectancy of the policyholder, and the cash surrender value of the policy.

Q: How much more is a life Settlement worth compared to surrendering your policy?

A: A life settlement may pay 2-7 times more than the cash surrender value.

Frequently Asked Questions - Ultimate Wordpress Starter Kit

Q: What is a life settlement.?

Q: Who is eligible for a life settlement,?

A: Anyone over 65 years of age with a Universal Life-Term Life or Whole Life Insurance Policy who is in the United States with a policy worth $100,000.00c, some buyers will take a policy under $100k but most set $100k as an approximate minimum value needed.

Q: What types of policies qualify.?

A: Universal Life or-Term Life or Whole Life Insurance Policies all qualify for a Settlement Payment.

Q: How long does the life settlement process take.?

A: It does not take long, Approximately 100 days

Q: Who are the parties involved in a Life Settlement transaction.?

A: You, your Advisors, and the Agent, Broker, or Provider who is assisting you in the process.

Q: Who Should I Sell My Life Insurance Policy To.?

A: You should only sell your policy to a bonded and licensed Life Settlement Agent, or a Broker or a Provider. Which you can find here Contact Form-National Service Provider.

Q: What Is a Life Settlement Provider?

A: A Provider will buy or represent the person or company who buys your life insurance policy in exchange for a life settlement.

Q: What Is a Life Settlement Broker?

A: Broker will guide the life insurance policyholder in figuring out whether they qualify for a life settlement and who to sell their life insurance policy to.

Q: Is there a Life Settlement Agent-Broker-Provider Near Me.?

A: Yes, you can easily connect with a National Service Provider here Contact Form.

Q: How do you Determine if the Life Settlement Company Is Licensed and Bonded.?

A: Our national service provider is fully Licensed and Bonded so you have perfect peace of mind when you use our National Service Provider Contact Form.

Q: What Is the Typical Life Settlement Payout?

A: The Average Life Settlement payout is 20% of the Value of the Policy.

Q: How can I find out how much my policy is worth.?

A: You can get your policy valued completely free and with no obligation from our National Service Provider:Contact Form . Life Settlements typically pay out 4x as much as the cash surrender value offered by your insurance company.

Q: If I no longer need or can afford my policy, what are my options.?

A: You can stop paying the monthly payment, the policy will elapse. You can surrender it to the insurance who will pay less than 5% of the policy value so you won’t get much money back, or you can take a Life Settlement which pays 4x more (20%)than your insurance company will offer you.

Who invests in life settlements.?

Alternative Investment Funds, Institutional Investors and Accredited Investors.

Q: How is an offer calculated and how much can I expect to receive?

A: An offer is calculated using your age, the policy value, and the type of policy, with the average settlement payment is equivalent to approximately 20% of the policy value.

Q: Are life settlement proceeds taxed?

A: Yes so it is important to take independent financial advice before your final decision to proceed.

Q: Is the life settlement market regulated.?

A: Yes the American Life Settlement Market is regulated, but always make sure an Agent, Broker, or Provider is licensed and bonded like our National Service Provider who you can contact here National Service Provider Contact Form

Q: What are the typical disclosures with which I should expect to be provided during the transaction process?

A:

Your Full Name

Your Date of Birth

Your nationality

Your address

Your email

Your telephone number

The name on the policy

The Insurance company name on the policy

The policy value

The policy term: how many years

The policy start date

Q: Is the life settlement process confidential?

A: Yes every aspect of the process is completely confidential.

Q: Are there any out-of-pocket costs?

A: There are no out-of-pocket expenses for your Life Settlement Process, and the buyer covers all administrative costs associated with a life settlement.

Q: Are there any Limits on Payment Amounts?

A: Life settlements do not have payout limits, the face value of the policy calculates your payment, the age and life expectancy of the policyholder, and the cash surrender value of the policy.

Q: How much more is a life Settlement worth compared to surrendering your policy?

A: A life settlement may pay 2-7 times more than the cash surrender value.