Life Insurance Settlement

At Life Settlement Family we can help you with converting any unwanted or unnecessary life insurance policies into cash or we can also assist you in selling them to a third party. If you decide to sell the policy to a third party, that party is then responsible for the monthly premium payments and will become the new beneficiary at the maturation of the policy.

A typical scenario of this would be a financial institution or a bank purchasing the policy. They would then become the primary beneficiary and also take over the premium payments. This would then release you from any obligations and you would be free to use the settlement money in any manner you choose.