Life insurance is a valuable asset. It can provide financial security and peace of mind. Traditionally, when personal or financial circumstances changed, policy owners had few policy options. Maintaining the policy through the continuation of premium payments or policy loans often did not make financial sense. On the other hand, surrendering a policy for little or no cash allowed the policy’s value to evaporate.
Today, an innovative option has emerged. Life Settlements offer the opportunity to exchange a policy on the secondary market for a cash settlement. Life Settlements provide new options and new benefits for policy owners.
Settlement Benefits Association is dedicated to helping you understand and maximize the value of life insurance. Start learning about the Life Settlement option with Settlements Explained. To see the benefits for an individual policy, request a free policy evaluation.