Jan
21
How much should the policy’s face value be?
A. Generally, a policy with a face value of $50,000 or higher may be eligible to
convert into a life settlement.
Q. Will I have to pay any premiums after my policy is sold?
A. No, once the policy is sold, you will have no future premium obligations
whatsoever.
Q. What if I want a life settlement, but still need or want life insurance?
A. This is an individual decision. Some people like to have some coverage
after selling their policy in a life settlement. This is absolutely possible. We are
happy to discuss your options, or you can consult your agent or financial
advisor.