|
|
 |
Get Cash Now For Your Unneeded Life Insurance Policy
We help life insurance policy owners and their loved ones, offering them the opportunity to sell their policies in exchange for a large cash payment that is larger than the cash surrender value offered by the life insurance company. The majority life insurance policies are obtained to care for loved ones and to protect them from the uncertainty in life. The majority of these policies don't get utilized and result in no claims made (88% of the cases). Once the policies have provided their valuable purpose, the owner either allows them to lapse or gives the policy up to the insurance company for cash surrender value. The current growth of the Secondary Life Insurance Market provides the policy owner and insured, a chance to walk away with a larger amount of money.
Arbel Life, LLC specializes in placing policies on the secondary market where large banks, hedge funds and pension funds are interested in those policies and are willing to pay greater amounts for them.
|
 |
Unlock the hidden value of your term or permanent life insurance
What is a Life Settlement?A life settlement is the sale of a life insurance policy for a large cash payment that is greater than the policy's cash surrender value, if there is any.
A life settlement is defined as a financial transaction in which a policy owner holds an unwanted or no-longer-necessary life insurance policy and sells the policy to a funder who represents a bank or large institution.
The funder becomes the new owner and beneficiary of the policy and is responsible for all following premium payments.
Arbel Life, LLC manages and monitors the whole transaction process to guarantee its client with the best offer
|
|
- 70 years of age or older (Male and Female)
- Minimum of policy face amount of $500,000 (No Maximum)
- Policy is more than 2 years old
- Annual Premiums on the policy are less than 5% of the policy face value
- Cash surrender (if any) is less than 15% of the policy face value
- Types of policies: Universal Life, Whole Life, Term (Only if convertible)
- Life expectancy greater than 2 years but less than 15 years
|
|
- Application - Insured and policy owner sign an application granting Arbel Life, LLC the right to gather medical information in order to determine eligibility and pricing for the settlement
- Evaluation -All material and evaluations gathered by Arbel Life, LLC is submitted to all licensed and regulated providers in order to get the best offer for the policy
- Negotiation - Arbel Life, LLC will negotiate the offers with the providers and the client for fast and best results
- Contract - once a buyer is selected and a purchased price for the policy is agreed upon, a contract will be formed by the buyer.
Throughout the process, Arbel Life, LLC will assure that everything is executed appropriately (i.e. all funds are secure, ownership on the policy is being transferred, client is paid, etc).
|
|
- Children are all grown up and financially independent
- Need cash for retirement
- Eligible for better performing product
- Need funds for Investment
- Premium on existing policy too expensive
- Change in your estate structure and worth
- Divorce or outlive the beneficiaries
- Need large amount of cash and do not want to liquidate assets and savings
- Want to give large amount of money for charity while alive
- Help beneficiaries before passing away.
- A company key person insurance policy is no longer needed
- The life insurance coverage is related to an obsolete buy/sell agreement
|
|
Female: 79
Policy Type: Universal Life
Face Amount: $750,000
Cash Value: $107,000
Life Settlement cash paid to customer: $150,000
Male: 70
Policy Type: Convertible Term Life
Face Amount: $500,000
Cash Value: $0
Life Settlement cash paid to customer: $95,000
Male: 86
Policy Type: Universal Life
Face Amount: $1,000,000
Cash Value: $155,000
Life Settlement cash paid to customer: $450,000
|
|
|
