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Life Settlements

    Facts You Should Know

*  According to the National

    Underwriter Company a $1 million

    policy with only $103,00

    surrender value can be worth as

    much as $638.,000.

*  Independent estimates report that

    over 50% of policies have a

    market value that exceeds the

    cash value offered by the carrier.

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Find out what your policy could be worth.

Simply put, a life settlement is where an owner of a life insurance policy typically 65 or above sells the policy to a third party.  This third party can be another individual or an organization such as a life settlement provider or an institutional investor.  The original owner (generally the insured) receives a lump sum of cash in exchange for the policy and the buyer becomes the full owner of the policy and receives the face amount upon death of the insured.

Get The Highest Payout Possible For Your Life Insurance Policy.

What is a life settlement?

What Life Insurance Policies Qualify:

  • Must be at least 65 years of age
  • The face value of the policy is at least $100,000
  • The insured has experienced a deterioration in health since the insurance policy was issued; life expectancy is under 15 years
  • The insurance policy is in effect beyond the two year contestable period
  • Insurance policies that qualify include:  Whole Life, Universal Life, Joint Survivor, Term and Convertible Term

Financial Benefits

There are clear financial benefits to a life settlement.  Life settlements offer policy owners an immediate and significant lump sum payments and relieve them from the burden of paying future premiums. 

The money can be used for:

  • Funding long term care
  • Maintaining lifestyle
  • Making gifts to heirs or charities
  • Achieving other financial objectives
  • Purchasing investments or other insurance products

Most life settlements occur because the circumstances which originally prompted the purchase of the life insurance policy have changed. 


  • The policy owner no longer needs coverage
  • The beneficiaries of the insurance policy die before the person covered by the policy
  • A change in business ownership makes the policy unnecessary
  • The policy has not performed as expected or premium payments have become burdensome
  • A change in policy type or coverage amount is necessary to address current objective
Why do people sell their life insurance policies?
Why choose Life Settlements?

Turning Challenges in to Opportunities

Choosing life settlements can rid you of the monthly hassle of that extra payment you no longer need to make. You are able to attain offers on all types of life insurance policies, including; Term, Whole, Universal, and Key-Man Business.  

Life Settlements