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  • Benjamin Stock

Like any other property, your life insurance can be sold.

Did you know that almost 500,000 life insurance policies are lapsed each year. Seniors are failing to cash in by selling their life insurance policies in a transaction better known as a life settlement.

88% of universal life policies never result in a death claim. It's your money, why not use it while you are alive?


What is a life settlement? Simply put, a life settlement is defined as selling your rights and ownership of your life insurance policy to a third party for more cash than surrendering it to the insurance carrier.


In a life settlement transaction, the policy's owner transfers the policy to the buyer in exchange for an immediate cash payment. At this point the buyer becomes the named owner of record with the insurance company that issued the life insurance policy, pays all future premium payments and then receives the benefit upon the death of the insured person.



Life Insurance Facts


5 in 10 americans are covered by some type of life insurance
830 insurance companies
38 million policies in-force by seniors
3+ trillion in death benefits for seniors

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HEADQUARTERS:

650 S. Westlake Blvd. #202

Westlake Village, Ca 91362

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Tel: 800-674-9918

Fax: 800-674-9918 (same #)

Ben@StockLifeSettlements.com

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