Considering Selling Your Policy?
At Abacus Life Settlements, we understand that you, like many other people, may have a life insurance policy you no longer need. We are dedicated to helping you learn the facts about life settlements so you can make an informed decision and get the most out of your policy.
More importantly, we know you want to feel confident that a life settlement is a safe and sensible alternative to policies that are no longer wanted or on the verge of lapsing. You want to feel assured that the entity handling your life settlement transaction will have your best interests in mind.
Abacus Life Settlements is committed to providing you with the knowledge you need to make an informed decision, and to handle your case with the confidentiality, transparency, and urgency that it deserves. As one of the nation’s most experienced and respected life settlement funders, we are a licensed direct buyer and are here to personally assist you with each step of the transaction once you make the decision to sell your policy.
What Motivates People to Sell Their Life Insurance Policies?
Some policyholders have found it helpful to understand how previous sellers have decided a life settlement was the most advantageous solution for them. If you are like many others, your motivation to learn more about life settlements may stem from one of these three general areas:
- You are paying expensive premiums for a policy that is no longer needed or affordable.
- You are in need of immediate cash to help pay for medical expenses.
- Your lifestyle needs have simply changed and you are looking to sell your policy to be relieved of premium payments while keeping a portion of the death benefit for your beneficiaries.
Regardless of your reason for selling, a life settlement (also referred to as a senior settlement) may be a sensible option for those who qualify. For more information about situations where a life settlement has proven beneficial, click here.
Why Haven't More People Heard About Life Settlements?
In spite of the obvious benefits, many consumers are still unaware that life settlements offer legally viable solutions for those who qualify. It’s critical that more seniors are made aware that there may be a more financially responsible alternative to surrendering a policy or letting it lapse, and Abacus Settlements is committed to filling that information void.
There is a combination of reasons for the lack of awareness. The most notable being that state governments have been slow to enact licensure guidelines for brokers and funders operating in the marketplace. However, the regulatory environment has greatly matured over the past few years and a majority of states (42 out of 50) now regulate life settlements.
What's the Next Step?
To pre-qualify your life insurance policy, we encourage you to use our confidential Online Qualification Tool. Or, if you prefer to speak with one of our representatives, simply call us at (800)561-4148.
There may be options other than Life Settlements. Always consult with your Financial and Legal Professionals. Please call us with Life Settlement specific questions.