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.
Steve's mother owned two life insurance policies. She couldn't afford to make the required premium payments on both policies so they were taking out loans on one policy to make premium payments for both policies......
Anna's client took out a life insurance policy to plan for estate taxes over ten years ago. The family's business took a turn for the worse and they had not paid a premium since 2010. The policy was on the verg......
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.