Life insurance policies become more expensive as their owners age and many Americans are unaware of the hidden value they hold. Q Life Settlements, LLC (866-679-9410) has announced a lifeline solution that can help people get cash by selling their coverage.
Boca Raton, United States - November 23, 2021 /PressCable/ —
The Boca Raton, Florida-based company has announced an updated range of services for seniors looking to benefit from the life insurance coverage they no longer need or can afford. Individuals can now get expert help to sell their policies to significantly improve their chances of achieving greater financial security in retirement at a time when medical expenses keep increasing.
More information is available at https://qlifesettlements.com
With their expanded suite of solutions, Q Life Settlements seek to allow seniors to uncover the real value of their life insurance policies and receive instant cash in return. Interested parties can use the calculator available on the company’s website to get an estimate of the amount they would receive should they decide to sell their investment.
Simply put, a life settlement is the sale of a life insurance policy by its holder to a third party in exchange for a lump-sum payment. The buyer takes ownership of the policy and continues to pay all future premiums until maturity.
According to expert estimates, people usually receive a significantly greater market value for their policies through a life settlement, with amounts reaching 4 to 11 times higher than the cash surrender value.
The average age at which people decide to embark on this alternative investment option is 75. Those who are 65 years old, as well as younger individuals diagnosed with a serious illness, typically qualify for a life settlement.
Interested parties can use a life settlement calculator to get an accurate estimate of their life insurance policy’s value. For more information, please visit https://qlifesettlements.com/quote
Having life insurance coverage has many advantages, but sometimes existing policies appear to no longer be compatible with one’s circumstances. Selling a policy could be the right move for seniors struggling to pay for their medical treatment and those requiring long-term care in retirement.
Instead of going into debt, a life settlement may prove a much-needed aid for those who consider hiring a caregiver to help with everyday tasks.
A life settlement also makes sense if holders cannot afford to pay their premiums and there is a risk of having their policy terminated, leaving beneficiaries without a death benefit payout.
Q Life Settlements works with licensed life settlement providers, offering clients a fast, transparent sales procedure that enables the seller to interact directly with the buyer without being charged a brokerage fee.
For more details on life settlement, visit https://qlifesettlements.com/life-settlements-guide
Contact Info:
Name: Steven Shapiro
Email: Send Email
Organization: Q Life Settlements LLC
Address: 2424 N. Federal Hwy. Suite 460, Boca Raton, Florida 33431, United States
Phone: +1-866-679-9410
Website: https://qlifesettlements.com
Source: PressCable
Release ID: 89054262
