Welcome to Life Care Funding Group
Q:Is it Time to Consider Cashing in a Life Insurance Policy for its Life Settlement Value?
A: If a policy owner has outlived the purpose of a life insurance policy, has decided that it has become an under-performing asset, or has had a life event that requires liquidity-- then selling a life insurance policy through a Life Settlement transaction should be considered.
If you are over 65, or diagnosed with a terminal health condition, and currently own a life insurance policy—then you are eligible to sell your policy through a Life Settlement transaction.
By definition, a Life Settlement transaction is: The liquidation of an in-force life insurance policy prior to maturity (death of insured) at an amount greater than the cash value and less than the policy’s final death benefit.