Are you thinking about selling your life insurance policy for cash?
Financial professionals have recently been given the ability to provide clients with choices on obtaining value for life insurance policies that they no longer need. Traditionally, you would have had to surrender the policy to your existing insurance company to obtain nominal present day cash value. Now Investments gives you a choice. If you are challenged with making high premium payments or you want to realize a higher value in a lump sum of cash today…Woodbridge is here to help!
What type of life insurance policy can I sell for cash?
The common policies include terms like Whole Life, Term Life, Universal Life, Survivor Policies, Corporate Life Plans and Life Insurance trusts. It is possible to sell all types of traditional life insurance policies for cash.
How much will I receive for my Senior Settlement?
The total lump sum you obtain from a Senior Settlement reflects the discounted future value of your life insurance proceeds. There are several determining factors in coming up with the present total value of a policy. Investments's Senior Settlement advisors are experienced in working with these factors to get the best possible cash payout when you are looking to sell life insurance settlements for cash. Factors include overall health of the insured, the premium payment annual cost and the discount factor. Our Senior Settlement Advisors will walk you through this process in detail so you understand the true value of your policy.