A life settlement is a financial transaction in which a life insurance policy owner possessing an unneeded or unwanted life insurance policy sells the policy (at fair market value) to a third party for more than the cash surrender value offered by the life insurance company. The purchaser becomes the new beneficiary of the policy at maturation and is responsible for all subsequent premium payments.
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Life Settlement
Do you offer Life Settlement to your clients?
This is a huge opportunity for insurance agents!
We offer both simplified and full underwriting.
The process from submission to offer/declination will take no longer than two weeks on simplified.
Call Today to find out more on how this product can
benefit your
clients: 888-586-4333 x10.
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Atlantic Financial works with only the top life settlement companies in the industry. Get several quotes on Life Settlements for your clients today. For more information please fill out the form below (bold fields are required):
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10 Reasons Why Life Settlements Make Sense: |
| 1.Your policy’s premium cost has become prohibitive and lower cost alternatives are not available from your carrier. |
2. Your policy’s performance has not met original projections and may require additional premium to support the death benefit |
3. The primary beneficiary named in your policy predeceases you and the policy is no longer needed for other purposes |
4. You are now divorced and the beneficiary was your spouse and you do not wish to name another beneficiary |
5. A corporate buy-sell agreement was established and now one of the partners has died or left your company |
6. One of your key executives has retired or left your firm |
7. The level term policy's conversion period is expiring on your existing policy |
8. Your term insurance premium costs have increased beyond affordability |
9. Your estate has been reduced in size and thus your tax burden has been reduced* proportionately |
10. The government estate tax exclusion allowance has increased thereby lowering the amount of insurance that you need to pay your estate tax liability* |
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