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Life Insurance Policies Considered for Life Settlements Ideal Settlements, is a full service life settlement company that assist seniors with selling their life insurance policies in the secondary market. Our team is dedicated to providing some of the best client centric services within the market. We are experienced professionals that are familiar with all aspects of the senior life settlement industry. We offer clients both senior life settlement and viatical settlements.
Below is a list of different life insurance settlements we offer to our senior clients: If you have a life insurance policy that is not listed, please contact Ideal to see if we can assist you.
Whole Life Insurance - Whole life insurance is a form of life insurance that applies part of the premium payments to build an investment or savings value for the policyholder. The investment or savings value is referred to as the cash surrender value.
Universal Life Insurance - Universal Life is a type of permanent life insurance based on a cash value. The policyholder has the right to increase or decrease the investment amount.
Variable Life Insurance – Variable life insurance is similar to whole life insurance. You have the right to select the types of investment vehicles as well as determining the investment amount. The cash value is invested in equity or debt securities.
Term Life Insurance - A life insurance policy purchased for a term of years which is determined by the policyholder. If the person dies during this term, the beneficiary receives the death benefit. In order to obtain a life settlement from a term policy, the policy must be convertible.
Survivorship - Survivorship Insurance or Joint Survivorship also referred to as, second-to-die covers the lives of two people (usually a spouse), and pays the benefits when the second person dies.
Key Man Insurance - Individuals and corporations that have life insurance policies in trusts and estates. Key Man policies are also referred to as corporate owned Life Insurance (COLI).
If you are currently searching for a life settlement or viatical settlement contact Ideal today.
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