Here Are Some Examples of How a Life Settlement Can Help You!

• A 72-year-old retiree has a term life insurance policy she has had for 20 years which is nearing the end of its term. Because the premiums will substantially increase if she renews the life insurance policy, she was going to let the policy lapse. Since it is a term policy, it has built no equity or cash surrender value, so she would receive nothing upon surrender. By selling the life insurance policy to Life Partners she not only eliminates her high monthly premium, but she also enjoys a windfall of cash.

• A 70-year-old man is carrying multiple life insurance policies for estate tax planning reasons. Since he took out the policies, his estate planning needs have changed and his financial advisor has suggested that he drop one of the policies to free up his monthly cash flow and reduce his expenditures. By selling the policy which is now obsolete, he is able to adapt to his changing estate planning needs by rolling his life settlement into a long-term care policy or annuity.

• A 70-year-old man sold his company 5 years ago. As part of the purchase agreement, he remained a consultant to the new owners for 5 years. During this ''earn-out period'', they purchased a $1,000,000 Key-Man policy on his life. As part of his consulting contract, the company assigns this policy to him at the end of the contract. Since he already has adequate life insurance coverage, he can sell the policy to Life Partners and invest the proceeds from his life settlement.

• A 75-year-old man and his 70-year-old wife own a joint survivor policy. They would like to make a substantial donation to their favorite charity, but do not want to affect their retirement income. By selling this life insurance policy to Life Partners, they have the pleasure of seeing the good work that their gift has made possible.

Call Life Partners, Inc. toll free at 1.800.368.5569 to begin the process of turning your life insurance policy into cash or if you have any questions concerning how Life Settlements work.