How to Sell Your Life Insurance Policy for $121,500 Instead of $0!

Posted: July 11, 2022 by John Welcom

Life Settlement Case Studies from Welcome Funds - Would You Rather $121,500 or $0?

Janet owned a 20-year term life insurance policy that was expiring within a year. Unfortunately, she could not afford to convert the coverage to a permanent policy. So, just like most term life insurance consumers, she was about to let her term policy lapse and receive $0!

RECEIVE A CASH PAYMENT FOR YOUR LIFE INSURANCE POLICY

Janet owned a 20-year term life insurance policy that was expiring within a year. Unfortunately, she could not afford to convert the coverage to a permanent policy. So, just like most term life insurance consumers, she was about to let her term policy lapse and receive $0! Thankfully, Janet learned about the option to sell her policy and contacted Welcome Funds. And she is sure glad she did! Janet received $121,500…instead of $0! Just like a home or car, a life insurance policy may be a valuable asset that can be sold for cash in a regulated secondary market. With a cash settlement from Welcome Funds, Janet now has some relief from the financial stress of mounting medical bills.

Policy's Insured

Female | Age 68

Health Status

Poor

Policy Type

Term Life

Face Amount

$450,000

Annual Premium

$28,820

Surrender Value

$0

Life Settlement Payout.... $121,500




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