Are you aware that there is a way to sell a life insurance policy to someone other than the insurance company for more than its cash surrender value (CSV) even if it is a Term policy with no cash value? I didn't think so. Most individuals and financial professionals I have talked with have never heard of this option before. And if you don't educate yourself now, you or your client may be losing out on a windfall. Who wouldn't be interested in learning more about that?

Most people who own life insurance policies need the death benefit they provide their family or business, and a Life Settlement would not be right for them. However, as we age, sometimes life circumstances change where the death benefit is no longer needed. Some examples of this might be: the death of a spouse who had been the beneficiary on the policy; a divorce; retirement; premiums have become overwhelming and you are thinking of letting it lapse; the need to purchase long-term care insurance; the need to "Spend Down" or sell a life insurance policy in order to qualify for a Medicaid Nursing Home or Long Term Care Facility; business partnership or key-man changes have been made; bankruptcy.

In each of these examples there may be a much more lucrative option than taking the cash surrender value or letting it lapse. And that option is to apply for a Life Settlement.

What is a Life Settlement? A Life Settlement is the purchase of a life insurance policy for more than its cash value but less than its face value on the secondary market.

Here is an example of how a Life Settlement works. Martin is 68 years old and has had a change in health since he purchased his $250,000 convertible term life insurance policy. It has zero cash value. Martha, Martin's wife who had been the beneficiary on the policy recently passed away. Martin has no children at home and doesn't need the death benefit for himself.

Keeping up the premiums has become overwhelming, and he is considering letting it lapse since he believes it has no cash value to him. Martin's estate planning attorney, his financial planner and his CPA who recently learned about Life Settlements suggested that there might be a more lucrative option than letting the policy lapse. They called in a Life Settlement consultant like Greenwell Capital, LLC who determined that Martin would be a good candidate for a Life Settlement payout.

When Martin found out it would be a no cost and no obligation process for him to find out the worth of his policy on the secondary market, he filled out an application. The consultant then submitted it to the approximately 30 licensed institutional funders for several rounds of bidding. When all bidding had stopped, the consultant brought back the highest offer to Martin and his representatives. That highest offer was $16,500 for a policy that had no cash value to him a few weeks earlier. It was like found money, and he decided to accept the offer to use in his retirement. The funder then became the owner and beneficiary of the policy. The entire process took eight to ten weeks.

Almost any type of life insurance can be considered for a Life Settlement payout….even group and term policies with $0 cash value. Who are the ideal clients for these? 1) anyone 65 and over with a change in health since he purchased the policy. 2) any male 75 and over and any female 78 and over in relatively good health. 3) anyone over 80. 4) anyone of any age with a life expectancy of less than 5 years.

What are the policy minimums required for a Life Settlement payout? For anyone of any age with a life expectancy of less than 5 years $50,000 is required from one or more policies. And for everyone 65 and over $250,000 is required from one or more policies.

This is also an option in a business setting for retiring partners, bankruptcies or group conversions instead of just letting policies lapse and receiving nothing for them. Nonprofits such as churches that are sometimes gifted life insurance policies can apply for a Life Settlement or have the insured apply before the gifting which can be a win-win situation for both parties.

In these uncertain economic times, everyone needs to consider carefully all the avenues available in order to make the best decisions for his or her financial future. Don't let a possible source of found money slip through your fingers without at least checking it out first.

You can now value a Life Insurance Policy like a home, stocks or any other asset!

Show this to your Estate Planning Attorney, CPA or Financial Planner!
We will gladly work with your representatives!


Warning!  Your insurance agent most likely cannot or will not process a Life Settlement application for you!  If he/she represents a single Life Insurance Company, he may tell you that this process can't be done or is not legal!  NOT TRUE!  Life Settlements have been an option for many years and are perfectly legal in every state.
WE SUGGEST THAT YOU PROCESS YOUR APPLICATION FIRST WITH A REPUTABLE COMPANAY SUCH AS Greenwell Capital, LLC , AND 
LET US DEAL WITH YOUR INSURANCE COMPANY FOR YOU!


We will help you fill out a Pre-Qualifying Worksheet for a Life Settlement by phone.  Contact Greenwell Capital, LLC
Toll Free at: 866-892-7440.

Contact Greenwell Capital, LLC  by Email at: info@GreenwellCapital.com. (Put "Life Settlements" in the subject line.) 

ABSOLUTELY NO-COST, NO-OBLIGATION AND NO-PRESSURE!  We don't have to.  If you are right for this option, it sells itself.


CALL US TOLL FREE: 866-892-7440

DON'T LOSE OUT ON YOUR WINDFALL!