What are Life Settlements?
A life settlement is the sale of a life insurance policy covering a person who has a limited life expectancy. It presents a unique opportunity to extract the maximum value of a person’s existing life insurance policy and repurpose those funds for whatever financial needs they may have. The owner of an unneeded or unwanted policy use to have only two options when it came to unneeded insurance policies, 1. Sell the policy back to the institution that issued it for its cash surrender value (if any), or 2. Allow the policy to lapse. Rangetree Strategies will provide you with a free consultation to determine if your life insurance policies are eligible for up to 75% of the face value.
Why Choose A Life Insurance Settlement?
There are many reasons to sell a life insurance policy. The most common reasons relate to changes, such as:
- Healthcare costs have depleted savings
- Premiums have become unaffordable
- Term period or conversion privilege expiring
- Financial hardships are present
- Your business is sold or you retire and corporate coverage is no longer needed
- Change in estate value
- Long-term care is required
- Death of a spouse or divorce
- Policy has underperformed
- Any other change in the original need for coverage
How do I find out if a particular policy fits Rangetree’s purchasing criteria?
Contact Rangetree Strategies directly to see if you can receive cash for your life insurance policy.
Phone: (888) 580-1160
Email: info@Rangetree.com