Mission Statement: Helping clients benefit from their unwanted or unneeded life insurance policies.
Rehburg Life Insurance Settlements can help you sell your life insurance policy!
Simply put, a life insurance settlement is the sale of a life insurance policy to a third party (usually an investor group) for a lump sum in cash.
Clients benefit because they receive a lump sum payment that is three to five times greater, on average, than the surrender value of the policy. Even term policies can be sold! Once a client receives their cash, they can do anything with it they like. Many times, they use the funds to help pay for home care, memory care, assisted living, or to make home improvements to increase accessibility.
500,000 seniors a year “lapse” their life insurance policies…walking away with little or nothing. Why? Because they no longer want or need their policy, and don’t know there is an option…a life insurance settlement. 90% of surveyed seniors who have let their life insurance policy lapse would have considered selling it, had they known a life insurance settlement existed.
Why would a client no longer want or need their life insurance policy? Usually, the reason they purchased the policy 5, 10, 20 or even 30 years ago, is no longer an issue or concern. A few common reasons include the policyholder retired, their home is paid off, the kids are now out on their own, they have sold their business, a term policy is nearing the end, or the premiums are becoming too expensive.
We are a life insurance settlements broker. We are passionate about representing our clients to get the most for their policy. We are here to help. Contact us any time by phone, email or our website.
Lisa's contribution to the PRO Newsletter and Blog