$200,000 Life Settlement Case Summary

May 7, 2008 | By WebFX

A 75 year old male with a $200,000 term policy past its conversion period came to Settlement Benefits Association for a Life Settlement appraisal.  The client’s premiums were going to triple in three years and he needed to sell the policy.

Settlement Benefits was able to shop the entire institutional marketplace and find a provider willing to purchase the policy for $43,000.  The client used the proceeds to pay his existing universal life policy, eliminating premiums for the next few years.

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