Selling Another Life Insurance Policy
Other types of life insurance policies, such as Group Life Insurance, Key-Man Life Insurance, Buy-Sell Life Insurance, Veteran Life Insurance and others can be sold via life settlement.
These valuable assets may no longer be needed, and there are fund actively seeking these types of policies. The value received from selling a life insurance policy can be used in ways that better suit the policy owners current lifestyle and needs.
It is important to verify how the the life insurance policy is structured. These other types of policies can be structured as a term, universal or whole life policy. If the policy is structured as a term, it is extremely important to verify if the policy can be converted to a permanent product and what the conversion deadline is.
Some alternative policy structures increase premiums relative to different age ranges. Obtaining a full copy of the policy will help regardless of what type of policy it is, and will allow the most thorough review of how premiums will perform in the future.
Rapid Life Settlements is committed to making the process fast, simple and easy for anyone, with any type of policy, to determine the fair market value they could receive.
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