A life settlement is a powerful financial tool that allows you to convert your life insurance policy into cash. In a typical scenario, a licensed life settlement provider (the buyer) will purchase the policy, become the owner and beneficiary, and take over the premium payments. You are released from any further obligations and are free to use your settlement money for anything you like.


Life Insurance and financial needs change over time

Many people find that as they reach retirement age, pay off their mortgage or see their children through college, their life insurance has served its primary purpose — to protect loved ones and assets — and is no longer useful. It effectively becomes a “dormant asset.” At this point, the expensive premiums are being directed toward an investment that is under-performing. Freeing up the money and eliminating the premiums creates greater financial freedom and new options for you and your family.

Tap into the Financial Power of an "Overlooked" asset

Many people don’t think of their life insurance as an asset. Once they secure coverage, they often pay the premiums and give little thought to the policy as an investment. It assumes an invisible role in their financial portfolio or is regarded as an expense that must be kept up. But by the time you near retirement, your policy has become a solid asset with years of equity. It’s money you can use today. We can help you unlock its potential.

	The concept of life settlements is nothing new. In 1911, the Supreme Court recognized that life insurance policies are a type of property with value and ruled that it was legal to transfer ownership. Since then, the secondary life insurance market has continued to evolve. In recent years, the life settlement industry has grown rapidly. Why the increase in popularity? For starters, people live longer and want to do more during their retirement. Some want to travel, finance a dream or enhance their lifestyle. Some want to help family members or charitable organizations. Others want to invest their money in higher- performing assets. A life settlement gives you the power to choose.