tomscoupons.com Life Settlements Are you paying too much for your life insurance policy? Have changes in your life altered the necessity for your current death benefit or premium? Are you looking to surrender your policy or is your policy in danger of lapsing? Seniors with these questions may want to look toward acquiring a Life Settlement. Also known as a Senior Settlement, a Life Settlement is a cash payment to the owner of a life insurance policy in exchange for the assignment of the ownership of the policy. It is a new concept that provides an exit strategy for life insurance policies that are viewed as too expensive, poor performing, or because the policies no longer meet your needs. Some facts about about Life Settlements: You may obtain a settlement with almost any type of policy: Whole life, Term, Universal or Variable, Keyman, Group, Joint Survivorship, etc. Usually clients are age 65 years or older and have a policy with a face value of at least 0000. The policy must be at least 2 years old. There are NO medical exams, interviews, or tests. The proceeds from the settlement have no restrictions on their use. They could be used to pay off an outstanding debt, purchase a much more efficient life insurance policy, invest in an annuity to increase income, or be used for the enjoyment and relaxation that retirement should bring. Since multiple funders are available, the highest offer is always presented and there is no obligation to sell by going through the …

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