A current senior wellness observance highlights financial wellness, including checking whether a life insurance policy has market value before surrender or lapse decisions.
A life settlement lets a qualified third-party buyer purchase an existing policy for cash, assume premiums, and later collect the death benefit.
The no-cost process starts with basic policy and health details, then reviews whether the policy may fit the secondary market for a sale.
Common candidates are 65+, with policies of $100K+ face value; universal life, whole life, and convertible term often qualify for review before surrender decisions.
Life settlements are regulated in 43 US states, and a licensed fiduciary broker represents sellers during competitive buyer auctions for qualifying policies.
