We are life settlement brokers offering free policy evaluations and consultations. Website visitors can now use our new life settlement calculator to determine if they can sell their life insurance policy for cash. Billions of dollars are lost every year when people allow their qualified life insurance policies, that could’ve otherwise been sold for cash, to lapse.
Our buy-ready network of life settlement providers will consider any life insurance policy. However, the more qualified policyholders are:
For an instant estimate, policyholders can use the new life settlement calculator to determine how much value a policy has on the secondary market.
If a life settlement sounds right for you,
We work with policyholders all around the United States and specialize in life settlements in the state of Florida. So, if you live in Florida, we offer free no-wait phone consultations. If you’re working with a company outside of Florida, make sure they understand the laws and regulations specific to Florida. Remember, your life insurance policy is an asset and selling it is a major financial decision. The right broker can make all the difference.
We know what to expect from the process. We’ll explore all aspects including the many
There are numerous benefits of a life settlement transaction. As a result, the life settlement market is on the rise. Seniors don’t have to accept the insurance company’s cash surrender offer or let their policy lapse. Today the benefits of life settlements are so great that instead, seniors are benefits of a life settlement, what policies are most valuable and whether or not life settlements are right for you.
If you’re selling your policy to a third party, please fully understand your policy first. Before you go shopping around for the best offer and dealing with licensed buyers and brokers, fully understand your options. Know the right questions to ask and the factors to consider before getting a deal.
Opting for life settlements as relief from costly premiums, a source of revenue for medical expenses and long-term health care, and additional retirement income to combat escalating costs. Today seniors are living longer than ever before so The O’Donnell Group help seniors obtain a financial peace of mind.
Brokers have been very intense lately. Since the industry is newer and targets seniors in poor health, it’s prone to aggressive sales tactics and abuse, especially in Florida.
But these deals make sense for those who no longer need or want their insurance policies. They’re meant for those who’d surrender their policies or let them lapse. Still, be cautious. Ask your broker to confirm everyone’s properly licensed. Know the privacy policies of all parties before giving medical records. Get a fair price and know the tax laws that come with the deal.
In 2005, Florida’s Legislature made new laws that protect those looking to sell their policy. Thus, the laws included a full disclosure of the risks involving brokers, policyholders, and buyers. At first, these deals were limited to the those who had terminal illnesses. However, today any insured person regardless of health or age can sell their policy for cash in Florida.
The F. J. O’Donnell Group is licensed by the Florida Department of Financial Services. Our firm only represents the interests of the insured. So, we work to get you the best deal with the right buyer.
If a Life Settlement sounds right for you,
