karpel financial services

Life settlements: we broker the sale of unneeded or unwanted policies

There are numerous people who own life insurance policies that are no longer needed or affordable. Rather than cash them in (if they have any accumulated cash value), we can sell them. In fact, some examples of policies that have recently sold with “no accumulated cash value”: 69 year old male’s $500,000 policy offered $100,000, a 72 year old female’s $750,000 policy offered $165,000, a 78 year old male’s $1,200,000 policy offered $408,000, and an 83 year old female’s $2,000,000 policy offered $406,000.

If your financial situation has changed and find yourself paying for a policy you can’t afford, or a policy whose original purpose has past, and is no longer valid, give us a call. These policies may well have a substantial value. Do not stop payments on these policies until you have looked into their potential value.