Senior Life Settlements
Senior Life Settlements or simply Life Settlements, involve the sale of an existing life insurance policy to an investment company resulting in the funds generated being greater than the policy's cash surrender value. Senior Life Settlements are often attractive when your original financial planning needs have changed, such as your children all being grown or your spouse pre-deceasing you, and the continued payments of the insurance premiums have become burdensome.
If you are the owner of a significant insurance policy and rather than a death benefit, would prefer a lump sum of cash to be used TODAY, our settlement underwriters at Amore Funding Group LLC can help.
Purchase Parameters
Our purchase parameters for your policy are as follows:
- Your policy must have a face value death benefit of $50,000 or higher.
- Almost any policy type can be considered: whole life, term, variable, etc.
- Generally, no physical exams are required.
- The insurance company must be well rated.
- The death benefit must be uncontestable.
Is a Senior Life Settlement Right For You?
One of the best ways to determine if the Cash Out of your Senior Life Policy is the right decision for you to make is to request a no-obligation purchase proposal from a member of our underwriting staff. To receive yours within 48 hours, simple click the link below and complete our short Life Settlement application form. You'll be glad you did!
