Your life insurance policy, similar to other assets, (real estate, stocks, bonds, etc.) can be sold by one party to another for a cash settlement. A Life Settlement: is a transaction in which a life insurance policy is sold to a third party and it’s a way of converting your life insurance policy while you’re still alive, for cash. The sale of your life insurance policy will also relieve you of all future premium expense.
A Life Settlement is an option available to an individual aged 62 (ages can vary) and older and allows you to turn your life insurance policy into cash today. This can assist and help plan for you or your family’s future and handle any financial challenges that you may be experiencing now or anticipate in the future.
The professionals at Ardan will help you and your family obtain the Best Value Settlement ℠ and optimize this important financial benefit.