If you are currently searching for a life settlement, begin by contacting Ideal Settlements today. Ideal Settlements is committed to providing our clients with the highest strike value for their life insurance policies. Ideal works with a network of institutional buyers assuring each client the maximum cash value for their policy.
What is a life settlement?
A Life Settlement is the sale of a life insurance policy that results in a cash payment to the policyholder larger than the cash surrender value of the policy but less than the face value. Life settlements through Ideal Settlements can help seniors get the maximum value for their Life Insurance Policy.
What is a viatical settlement?
A viatical settlement is similar to a life settlement, except that the insured has life-threatening illness or condition with a life expectancy of 24 months or less. Viatical settlements help get the maximum value for your Life Insurance Policy.
What are the benefits of selling my life insurance policy?
- Higher quality of life
- Purchase other financial vehicles
- Money needed for medical expenses
- Personal debt
- Need money to purchase a high ticket item such as a car or home
- Gifts to loved ones
- Retirement
- Peace of mind
How much can I expect to receive?
Ideal Settlements will always make all efforts to provide the most competitive bid offer for your life insurance policy. An offer for a policy is affected by several different factors including life expectancy, future premiums, type of policy and face value of the policy.
Does Ideal Settlements charge up-front fees?
Ideal Settlements never charge a fee for reviewing your policy or ordering documentation. You are never under any obligation to sell your policy.
What type and size policy can be sold?
Most individual and group life insurance policies with a face value of $100,000 or more can be sold. Ideal will evaluate each policy and give our clients an idea of how much money the policy is worth.
What are the qualifications to a life or viatical settlement?
The face value of the policy should be $100,000 or greater
The policy must be at least two years old
The policy is non-contestable
A life expectancy of 12 years or less
How long does the process take?
The entire process usually takes between 4 and 6 weeks For additional information within your respected state, you can contact Ideal Settlements or follow the links below: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming and the District of Columbia D.C.
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