Business & Economics
Sell Your Unwanted Life Insurance To Maintain Your Pre-Retirement Lifestyle If your insurance needs have changed and you are in need of money, there is an option you may not have considered. With a life settlement transaction facilitated by Q Life Settlements, you can ditch the hefty, constantly rising premiums and gain access to an instant source of financing to address your needs! The Boca Raton, Florida- based company helps seniors looking to benefit from the life insurance coverage they no longer need or can afford. Individuals can now get expert help to sell their policies to significantly improve their chances of achieving greater financial security in retirement at a time when medical expenses keep increasing. A life settlement is the sale of a life insurance policy by its holder to a third party in exchange for a lump-sum payment. The buyer takes ownership of the policy and continues to pay all future premiums until maturity. According to expert estimates, people usually receive a significantly greater market value for their policies through a life settlement, with amounts reaching 4 to 11 times higher than the cash surrender value. The average age at which people decide to embark on this alternative investment option is 75. If you are 65 years old or younger but diagnosed with a serious illness, you may qualify for a life settlement as well. You can use the calculator available on the company’s website to get an estimate of the amount you would receive should you decide to sell your policy. Selling a policy could be the right move if you are struggling to pay for your medical treatment or if you require long-term care in retirement. Instead of going into debt, a life settlement may prove a much-needed aid if you consider hiring a caregiver to help with everyday tasks. Go to https://qlifesettlements. com to find out more!