A life settlement is the sale or exchange of a life insurance policy for a lump sum of cash greater than the cash surrender value but less than the death benefit value.
What Is a Death Benefit?
The death benefit is the amount on a life insurance policy provided to the beneficiary upon the death of the policyholder.
Is a life settlement legal?
Yes. According to a U.S. Supreme Court ruling stretching back almost a century, a life insurance policy is considered a personal property. One can sell it, trade it, or give it away. insurance companies generally have no right to block or question an assignment of policy rights.
Why choose LifeFundo?
At LifeFundo, our team of professionals will provide you with thorough information to make sure the policy you will be investing in will cater to your specific need & will fit into your portfolio.
Our team of experts come from different backgrounds and cultures and will be able to assist you in many aspects while explaining you the major advantages of investing in this gold mine. Let us help you achieve greatness & Security!
Why invest in Life Settlement?
One of the main advantages in investing in Life Settlements is that the payment is higher than the cash surrender value of the policy. In addition, the cash payout is higher than the accelerated death benefit, and lastly, the cash from a payout can be used however you want. NO LIMITS!
How can the money from a Life Settlement be spent?
There are no restrictions on how the proceeds from a Life Settlement are spent. You may use the settlement money to take a vacation, pay off debt, or fund a new life insurance policy.
Start your journey with us today.Contact our Specialists for more information