When to Consider

Why would someone "Sell" their policy?

Policies are sold for many and varying reasons. In many cases, the original purpose or need for the policy has changed or has diminished entirely. A life insurance policy is considered a personal property asset. Like any asset, the owner of the policy has the right to sell their policy to a willing buyer and obtain a present market value for the future death benefit.

When should a settlement be considered?

The ability to obtain cash today for a life insurance policy can create many financial planning opportunities. These are some common circumstances leading to a life settlement:

• Death of a Beneficiary
• Sale of a Business
• Dissolution of Partnership
• Divorce
• Premiums are not Affordable
• Change in size of Estate
• Retirement
• Bankruptcy
• Key employee leaves company