Did you know you could sell your term life insurance policy for cash? Learn about the process in this useful guide from industry experts Q Life Settlements.
How well do you understand your term life insurance policy? Who is the named beneficiary on your policy? Do you still need it? With this comprehensive guide, Q Life Settlements gives you all the information you need to make an informed decision.
Go to https://qlifesettlements.com for more information.
All of us face changing needs throughout our lives, and what was right for you several years ago might not be right now. The good news is that your term life insurance policy might have a market value that you could take advantage of. Read on to learn more.
As the name suggests, a term life insurance policy is one in which coverage is only provided for a defined period of time. Your benefits under the policy are only paid if the named individual dies within the specified term. These policies are often an attractive option, owing to their lower costs.
While most people understand the concept of term life policies, you might be blissfully unaware that your policy could have a market value and that it can be sold. If you no longer want or need your policy, Q Life Settlements’ new guide explains how this process works.
Known as a life settlement, these transactions involve the original owner of a life insurance policy selling it to a third party. As the author of the new piece points out, the sale amount is less than your death benefit, but more than the cash value (which in the case of a term policy is zero) of your policy. The new policy owner then pays all future life insurance premiums.
If you’re interested in taking advantage of this process, you can find more info at: https://qlifesettlements.com/life-settlements-guide
About Q Life Settlements LLC
Company founder, President, and CEO Steven Shapiro has significant experience in life settlements, strategic consulting, investment banking, and private equity investing. The company’s aim is to provide transparency and clarity in the life settlement process, and to connect you directly with potential buyers.
A company representative stated: “Your current insurance policy may not be as suitable to your current situation as it was when you first bought it. A life settlement is one option many seniors are utilizing for their financial benefit to achieve a higher quality of life in the years to come.”
Do you have an unwanted term life policy? Click on https://qlifesettlements.com/term-life-insurance-what-policy-holders-need-to-know so you can learn more.
