UNDERSTANDING THE ROLE OF A LIFE INSURANCE POLICY OWNER

When it comes to life insurance, the owner of the policy plays a critical role in determining the coverage and control over the policy. The life insurance policy owner is the individual or entity that holds and manages all of the rights, title, interest, and privileges granted by the policy.

One of the primary benefits of being a life insurance policy owner is the ability to exercise full control over the policy. This includes the right to assign, transfer, surrender, sell or otherwise lapse the policy. Additionally, the owner can choose the beneficiary of the policy and make changes to the policy if needed.

The life insurance policy owner can be an individual or a group of individuals, such as business partners or family members. Additionally, a trust, corporation or other business entity can also be named as the policy owner. In such cases, the entity can ensure that the policy remains in force even if the individual owners pass away or leave the business.

Overall, being the owner of a life insurance policy brings a great deal of responsibility, but also provides significant benefits. It allows for greater flexibility in managing the policy and ensures that the policyholder's wishes are carried out as intended.

Selling Your Life Insurance Policy

How do you know if you will receive the best offer when you sell your life insurance policy? The only way to know for sure is to apply to every licensed buyer in your state, which could be 10-35 different companies. And those direct buyers do not have your best interest in mind, they represent their investors. At Welcome Funds, we've leveled the playing field for policy owners. We negotiate the best offer for you by conducting an auction with these buyers. When buyers complete, policy owners win! One application, multiple buyers—it's what we call... Life Settlements. Simplified.

Welcome Funds Represents You!

Founded in 2000, Welcome Funds is a nationally licensed life settlement broker that represents policy owners who want to sell their life insurance policy in the secondary market. Our institutional life insurance buyers compete in an auction bidding process to ensure that we secure the highest offer from the life settlement market. We've negotiated over 35,000 life settlement offers and provided more than $1 Billion in sales proceeds to our clients. Please review our website to learn more about how we can provide professional representation and expert advice on selling your life insurance policy.

  • It's FREE to Find Out if You or Your Loved One Is Eligible to Sell A Life Insurance Policy
  • There's No Obligation at Any Time
  • Our Life Settlement Qualification Process is Completely Confidential
  • We provide a FREE Personal Consultation & Appraisal

Complete our free, no-obligation Life Settlement Qualifier or call us toll-free at 877.227.4484 to speak with a client care advocate.

Sell Your Life Insurance policy