Christa’s Story

80 Year Old Male

POLICY TYPE:
Guaranteed Universal Life

POLICY FACE AMOUNT:
$1,000,000

CASH SURRENDER VALUE:
$0

SALES PROCEEDS:
$ 182,500

Christa managed a Guaranteed Universal Life policy for her client. Premium payments were suspended several years earlier as her client could no longer afford the payments. The policy was projected to lapse within six months. She contacted EnTrust Settlements to evaluate if a life settlement was feasible. The insured was in excellent health. EnTrust performed a preliminary evaluation and found the policy qualified for sale. After bidding the policy to over 15 licensed buyers, EnTrust received a final high offer of $182,500. Christa's client was ecstatic that they received so much money versus getting nothing and letting the policy lapse. Christa now manages the life settlement proceeds for her client.


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Who qualifies for a life settlement?

Insured(s) age 65 and older
Policy death benefit of $100,000 or more
Policy is more than two years old
May require change in health since policy was issued

Contact us to find out if your policy qualifies

Not all life insurance policies qualify for a life settlement. EnTrust Settlements can determine if your policy is marketable with a Preliminary Life Settlement Evaluation. Contact us today and find out if your policy qualifies at no cost.