You bought life insurance for a reason. But if your business insurance policy is no longer meeting your requirements, a life settlement may be right for you!
In this illustration we meet a doctor who purchased a life insurance policy for a large medical practice.
But life and circumstances change.
Over time, the size of his practice has changed, but his policy size remained the same. What’s worse, his payments are about to increase.
Any professional with a business insurance policy should know that his or her life insurance is a capital asset that has value, just like an office building, company car, or any tangible asset that can be bought or sold.
A Life Insurance Settlement is the sale of insurance to third party for fair market value cash.
We are financial advisors who specialize in life settlement, so we can help you evaluate whether this option is right for you (it may or may not be, but you should know your options).
Contact us to schedule a no obligation consultation, or find out if you might qualify for a life settlement here.