A life settlement may be the best option when you don't have children or your spouse has passed. With life settlements, you receive money to live on while retired, making life so much easier. Companies buy an insurance life settlement and collect on any life policies including term insurance, whole life insurance, universal life insurance and cash value policies when you die. So if you have term insurance or another policy, a company may pay you a percentage of the final payout so you will have cash flow and the company will collect on your policy after you die.
Generally to be a sell life insurance candidate, you must be at least 65 years old. Life settlements are only for those who can honestly say that the life policy and death benefit associated with the insurance policy is no longer necessary. Typically for an insurance life settlement, medical records are requested to evaluate or "appraise" the value of your policy. To find out if you qualify for insurance life settlement, email me or call at 1.800.799.0903, and I will help you create a life settlement best for you.
Jim O'Connor, Life Insurance Agent
PO Box 832, Tiburon CA 94920
Tel: 1-800-799-0903 Fax: 415-435-2870 Email: info@term22.com
Copyright 2011 Jim O'Connor, Life Insurance Agent