As a Life Settlement broker, we help you find the best company to sell your life insurance policy to. The companies that buy your life insurance policy are called Life Settlement providers. They are often banks or other companies who view the purchase of life insurance policies as an investment.
After buying a policy, the Life Settlement provider pays the premiums and collects the death benefit once the original owner passes away. Ideally for them, the value of the death benefit will be more than they paid for the policy and premiums combined.
As part of the Life Settlement process, we work to increase your policy’s price. We do so by collecting bids from multiple buyers. The more demand there is for your policy, the more buyers will pay. We work to get the most bids possible in order to increase competition and the value of your policy.