Arizona Life Settlements
Helping Arizona Seniors Discover Hidden Wealth Through Life Settlements
Over recent years, life settlements have become a financial transaction of growing popularity. In a life settlement, a policy owner who has an unwanted or unneeded life insurance policy sells their policy to a third party for more than the potential cash payout they would have received from their insurance company. The third party purchaser of the Arizona life settlement is then named the new beneficiary of the policy when it matures and becomes responsible for paying all of the premiums due on the policy.
The sale of life insurance policies has opened a secondary market for Arizona life insurance. Policy owners are now able to access fair market values for their policies rather than accepting the low cash surrender value (the amount an individual would receive if they surrendered the policy to the life insurance company prior to the policy’s maturation or the holder’s death).
An Arizona life settlement is typically considered by individuals who are 65 yrs or older. Life settlements let a person maximize the benefit they receive from their life insurance policy if the person who would benefit from the policy is no longer needs the policy’s benefit. Other benefits of life settlements often include: taxes, estate planning and charitable giving.
This site is for insurance agents or Registered Representatives use only. Not for use with the general public, and does not apply to variable life settlements. Arkansas life settlement amounts are based on numerous factors. Actual results will vary. Some or all of the proceeds of a life settlement may be taxable under federal or state income tax laws. We do not offer tax advice. Advice from a professional tax advisor is recommended.
A Life Settlement may provide you or your client with the best financial solution possible. Please Chat with one of our live Consultants or Fill out this form and a trained specialist will contact you to answer all your questions, and provide you or your client the safety and security that only an Institutional Funder can assure.
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