Your current insurance policy may not be as suitable to your current situation, as our needs change over time. Should you reevaluate your financial plan and needs for the future? A life settlement is one option many seniors are utilizing to meet their changing financial needs to achieve a higher quality of life.
In a life settlement, you sell your life insurance policy for an upfront lump sum cash payment, and you will no longer need to make any premium payments.
The buyer of your policy takes over all future premium payment obligations and becomes the new owner and beneficiary. The sale of the policy is done through a regulated life settlement provider. The buyers are institutional investors that have large portfolios of life insurance policies and hold them until it is time to collect on the policy.
Your goal in a life settlement transaction should be to obtain the best possible offer with the best terms. Q Capital works with you to guide you every step of the way.
Tell us a little about your situation and we’ll help you assess what options you have with your life insurance policy, including a possible life settlement.