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Seniors may not be aware that they can sell unwanted or unneeded life insurance to Wall Street institutions for cash. This is done through a “life settlement,” which is a payment in excess of cash value to a life insurance policy owner for assignment of ownership in a life insurance policy. Generally speaking, any senior who is age 65+ with a life insurance policy that is more than two years old with coverage exceeding $100,000 may qualify for a life settlement.
Whether you are interested in selling your unwanted or unneeded life insurance policy, Fairway Capital can offer a variety of “Life Settlement” solutions for your financial needs. Fairway Capital is one of the leading firms offering life settlement opportunities for high net worth clientele. Through exclusive relationships in the life settlement marketplace, Fairway Capital is able to maximize life settlement opportunities for our clients.
Benefits of life settlements include:
- Create a more comfortable retirement
- Reduce or eliminate future life insurance premiums
- Fund the purchase of a life insurance policy
- Bestow cash gifts to family members or charities
- Provide a profitable alternative to surrendering your policy
- Offer a solution to expiring term policies
Your Fairway Capital representative will consult with you to help assess your situation and determine what options are available to you.
For more information and inquires to see how Fairway Capital can help you, contact us today.
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