- Sell Your Life Insurance & Fund Your Retirement
Welcome to Option Life
Each Year, More Than $112 Billion of Life Insurance is Cancelled by Seniors Over the Age of 65
These policy owners have made the decision that they are not going to maintain their coverage, but may not be aware that there is any value in their policy and believe that cancelling their insurance is the best way to save paying premiums. Option Life, Inc. can help you find the best options for your current life situation and your family decide whether a life settlement or the surrender value of your policy fits your needs. Don’t make any decisions without the facts.
Over 90% of seniors surveyed said they would have liked to hear about the options before they surrendered their policy.
Policy owners that quality for a life settlement can receive an average 8 times more than a policy’s surrender value.
Why Choose Option Life
What is a Life Settlement?
A life settlement is the sale of a life insurance policy to a third party for a value more than the policy’s cash surrender value. In exchange for a cash payment to the policy owner, the purchaser of the policy assumes all future premium payments and receives the death benefit upon the death of the insured, saving you money and giving you the cash now when you need it most.
- Life settlements can provide proceeds to help with expenses for health care, assisted living, and other retirement income needs, or even just allow for the recovery of lost premium dollars.
- Life settlements are most commonly viable for insured individuals above the age of 65 with life insurance policies more than $100,000. Universal life, whole life, and even term policies can be sold if they are no longer needed or no longer affordable
Frequently Asked Questions
Learn How Life Settlements Work
Insured individuals have been selling their policies for over 50 years, and yet it is still unknown to most policy holders. It isn’t complicated, but you certainly want a team with expertise in the field ensuring you get the most money for your policy.
We work with institutions with a net worth of $100 million or more, who often buy hundreds of policies.
That depends on many factors, all individualized. We are experts in understanding every detail of your policy — and the upcoming premium costs to you — and explain it so that you may make the best decision for your and your family.
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Option Life Inc. is Committed to helping our clients.
We are dedicated to the principle of treating each policy as though it belongs to a family member. That client-first philosophy is woven into everything we do. Our knowledge of the secondary market for life insurance policies translates into superior results for all those we represent.
Does your policy qualify for a life settlement? Don’t make any decisions until you know! Please complete the following form. If you prefer to speak to someone right away, please call us at (561) 621-1800 or email laura@optionlifeinc.com.
