Frequently Asked Questions
Are there any fees, physical examinations or obligations?
There are no application fees, invasive interviews or physical examinations. You are under no obligation to complete the process.
How is my settlement offer amount determined?
Offers are based on a number of factors, including life expectancy, premium obligations and prevailing interest rates.
Should I sell my life insurance or borrow against it?
Should I work directly with the buyer?
We strongly recommend working with a licensed broker rather than directly with the potential buyer. As a broker, we will provide you with several offers from which to choose, as opposed to only one if working directly with the buyers. This ensures you are getting the most for your policy. We work strictly on an industry-set percentage fee basis and there are NO other fees or costs.
Is the Cash Surrender value of my policy worth more than a Viatical/Life settlement?
Financial: American Cancer Society – Getting Money From Life Insurance Policies Kiplinger – Cash From Your Life Insurance London Business School – Life Settlements Are a Win Win National Care Planning Council – Using Life Settlement