Who is a Candidate for Life Settlement?

These are the minimum requirements that one has to consider a policy for a Life Settlement.

1. Individuals 65 years of age or older
2. A life insurance policy from $250,000 to $100 million
3. Change in circumstances since the policy was issued
4. Life expectancy from 25 months to 20 years
5. Policy must be beyond the 2-year contestability period

If a client meets these minimum requirements, then the reasons for choosing a Life Settlement must be considered.

What Types of Policies Qualify?

• Universal Life
• Variable Life
• Whole Life
• Term
• Convertible term insurance
• Some survivorship contracts
•  Others...

You may View Brochure and request copies for your clients.