Life Settlement Alliance

Essentially there are two types of life settlements that a settlement alliance will pay. A viatical settlement – This type of settlement is available for all types of insurance policies, and is a transaction where the policy holder has a shortened life expectancy.

People with a life expectancy of less than two years may not have to pay taxes on the settlement that is given to them by the life settlement alliance. They need to check with a tax advisor to see if this will pertain to them before they finish the transaction with the settlement alliance.

A life settlement – Similar to the viatical settlement except that you, the person selling the policy to the life settlement alliance do not have a limited life expectancy. These life settlements are usually taken by people over the age of 65, but have been bought by life settlement alliances from people of any age.

If you have been diagnosed with cancer or another terrible life threatening disease, you may need more income or cash available to you and if you own a life insurance policy, then a life settlement alliance may be able to help you. What is a life settlement alliance? A life settlement alliance is a group of life settlement investors that have joined forces so they have a stronger combined purchasing power.

They help life insurance advisors and life settlement brokers to sell their senior life insurance policies to different settlement alliances or providers. A life settlement alliance helps any one over the age of 65 who has a large life insurance policy.

The life settlement alliance helps policy owners in financial need by buying their policies from them at more than the surrender value. If you are considering selling your life insurance policy to a life settlement alliance be sure to consult about the effect of the sale on your tax situation.

First Name *
Last Name *
Date of Birth *
Home Phone *
Mobile Phone *
Email *
Address *
City *
State *
Postcode *