Ideal Settlements is an experienced life settlement company that works with seniors and financial professionals throughout the state of Oregon. We are dedicated to providing our clients with life settlements through a competitive bidding process. Ideal works with over 50 institutional buyers that are interested in competing for the purchase of our client’s life insurance policies.
Ideal is a client centric company that puts the financial needs of our clients ahead of our own. The majority of our customers come from financial professionals and past clients; this is a testament to providing the highest purchases for our customers polices. The Oregon life settlement process can be complex at times. Ideal will always take the necessary steps that no information is overlooked and the settlement process runs smoothly. If you are searching for a partner that can handle your life settlement needs, contact Ideal today.
If you are evaluating an Oregon life settlement we can help. Ideal provides each client the ability to shop their policy through a network of Institutional buyers. The buyers will compete for the purchase in the secondary markets. By providing a competitive bid process we are able to provide our clients with the best chance of securing top dollar for their life insurance policy. A company should have experience negotiating with large institutional buyers. At Ideal Settlements we have the expertise and tenacity to get the highest strike values for our senior clients.
The different life settlements available to seniors in Oregon include:
When evaluating life settlement companies in Oregon consider those companies willing to provide the upfront costs associated with the transaction. The costs of the application process can sometimes be expensive. A life settlement company or broker should be responsible for paying the cost of ordering medical documents and life expectancy reports; they must also assume the administrative expense of processing, packaging and sending out applications on behalf of the client. At Ideal we take on the risk. If you decide at anytime during the process you are no longer interested in a life settlement, you are never obligated to pay back our company for the time or money we've spent on your application. ideal can provide the expense for both the policy holder or the financial professional represented their senior client.
The different financial professionals throughout Oregon that offer life settlements to their clients include:
- Tax Attorneys & Lawyers
- Financial Planners
- Financial Advisers
- Accountants and CPA's
- Life insurance Brokers and Agents
- Estate Planning Professionals
Some of the reasons why our senior clients choose life settlements in Oregon include:
- It can eliminate high premium payments
- Medical expenses & ongoing medical expenses
- Charity
- Policyholder has outlived the beneficiary
- Estate size has changed
- Long-term care
- Assistant living & retirement home costs
- Family members need the money
- Falling into debt or bankruptcy
- Provides money for other investment opportunity
- Payout is much higher than selling the policy back to the insurance carrier
Life insurance companies do very little informing their clients the benefits of a life settlement. Insurance companies continue making profits year after year due to lapse polices that otherwise could have been sold in the secondary market. If a policy were to lapse the insurance company may not be obligated to pay the death benefits to the beneficiary.
The qualifications process for a senior life settlement in Oregon may vary depending upon each buyer; some of the different qualifications a buyer may include:
- Age of 65 years or older is preferred
- A life expectancy of 12 years or less or be terminally ill at the time of the sale
- The face value should be at least $100,000 - no maximum
- Change in health status since the life insurance policy was issued
A life settlement in Oregon is the sale of a life insurance policy for less than the face value of the policy and more than the cash surrender value of the policy. The policy is typically sold in the secondary market at a higher buyout than selling the same policy back to the carrier. A Life settlement is a way for a senior to sell their life insurance policy for sum of cash without risking lapsing the policy and owning nothing. Life settlements can be utilized by seniors that no longer need or can afford the ongoing premiums.
If you are searching for a Oregon senior life settlement, contact Ideal today. A Oregon life settlement can provide money to seniors that have a pressing financial need. We have provided a list of areas in Oregon that have highly populated areas of seniors: Albany, Ashland, Astoria, Baker City, Bandon, Beaverton, Bend, Brookings, Burns, Canby, Central Point, Clackamas, Coos Bay, Coquille, Corvallis, Dallas, Enterprise, Eugene, Forest Grove, Gardiner, Gladstone, Gold Beach, Grants Pass, Gresham, Hermiston, Hillsboro, Hood River, Klamath Falls, La Grande, Lake Oswego, Lakeview, Lebanon, Lincoln City, Madras, McMinnville, Medford, Milton Freewater, Newberg, Newport, North Bend, Ontario, Oregon City, Pendleton, Portland, Prineville, Redmond, Roseburg, Saint Helens, Salem, Silverton, Springfield, Stayton, The Dalles, Tigard, Tillamook, Tualatin, Vale, West Linn, Wilsonville and Woodburn.
*The qualifications & requirements for a Oregon life settlement is different than a viatical settlement. As regulations can change within each state, Ideal may not be able to complete a viatical or life settlement transaction in some states. Please contact us for more information. Copyright 2009 © Ideal Settlements a Life Settlement Company
|
