Senior Life Settlements - Retirement Assets

Insureds age 65 and older own nearly a trillion dollars of life insurance, but only a tiny fraction of policies are being sold on the secondary market. When it comes to Senior Life Settlements, very few insureds are being instructed by their life insurance agent, financial planner, wealth advisor or CPA. "What were seeing is a failure of communication". American Viatical serves to educate the public about Senior Life Settlements, and its staff can speak with authority.

Benefits of Senior Life Settlements

One of the many positive features of Senior Life Settlements is the money may be used for any purposes, without disclosure. Some policy owners use the money to buy a second home, take major vacations, make gifts, and generally take it a bit easier. Sometimes they also want to become debt-free, assist aged parents, get a better car, help a charity. A few want to buy new life insurance and have the best of both worlds. Those who want at least $5 million might qualify for premium financing.

Policy Evaluation

One important Senior Life Settlements strategy is to have all policies evaluated at the same time. In this fashion, each policy will receive its own set of bids, and the policy owner can decide which to sell and which to keep, or possibly get a package deal for them all. Each is a piece of property, similar to real estate in many ways.

Life Settlement Appraisal Process

Determining each policyís true market value is a logical and confidential process. The first step is to complete an application, without cost or obligation. Then, the Insuredís medical records are obtained, and sent to a life span appraisal company. The insurance company verifies policy details and develops illustrations. All this information is shared with licensed Senior Life Settlements Funders, who then place competitive bids. If an offer is accepted, the Funder overnights a closing package to the policy owner, and funding takes place after all paperwork has been approved and processed. "The numbers will tell the policy owner what to do; thereís never any pressure to sell."
Life Settlement INdustry News 06/20/05

Life Settlements and Real Estate Investing Cash from Life Settlements can boost real estate holdings.Many seniors do not realize that there are no restrictions on the use of their Life Settlement proceeds...

More About Premium Financing

Premium Financing. Affluent insureds can use leverage to buy life insurance using recourse and non-recourse premium financing. After two years, the coverage may be sold as a Life Settlement, or retained....

More About Premium Financing Life Settlement Questions Call 1-877-224-2200
Site Map

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08/03/04 Life Settlement Market Benefits. What if a policyholder's preferences change. More...

Life Settlement Questions Call 1-877-224-2200
American Viatical