Home About us What is a Life Settlement? Contact us FREE Policy Appraisal

 

   

   

 

A Life Settlement is the sale of a life insurance policy that results in a cash payment to the policyholder larger than the cash surrender value of the policy.


Has your life insurance outlived its original purpose? Are the premiums becoming a burden? Are you thinking about letting it go, or surrendering it for its cash value?

If you qualify, you may be able to turn that old policy into cash - far more cash than the surrender value of the policy. Cash to enjoy the rest of your life, to take care of medical expenses, replace expensive coverage with a more cost effective alternative or buy long-term health insurance. Cash, for whatever you want or need.

In 2002, thanks to the existence of the life settlement market, approximately $340 million was paid to acquire life insurance policies with a cash surrender of roughly $94 million - nearly four times what those policyholders would have otherwise received.

Foundation Life Settlements can help you. We look at life insurance as an asset, as saleable as your house or stocks and bonds. We can work with you directly, or with your broker or financial advisor to help you get the most you can out of your old policy.

If you answered yes, we would be pleased to give you a free appraisal. There is absolutely no obligation. You owe it to yourself and to your loved ones.



Scenario:
72 year old male with health issues. $250,000 Universal Life policy with a $27,000 cash value.

Result: Sold the policy for $62,500.

Scenario: 80 year old female. $800,000 Universal Life policy with a $53,000 cash value.

Result: Sold the policy for $225,000.