Affordable Life - Senior Settlements

Uncover Hidden Assets with Senior Settlements

What are Senior Settlements?
A Senior Settlements allows a life insurance holder to convert his or her policy into an immediate and substantial source of income.

How does it work?
Many people have insurance policies that have become too costly to maintain or are no longer necessary. Rather than surrendering these policies for their cash value or simply letting them lapse, Senior Settlements create immediate liquidity with a lump sum cash payment.

Case Study:
Male, age 79
Policy: 20 Year Term
Face Value: $250,000
Annual Premium: $2,000
Cash Value: $0
Senior Settlement: $75,000

Mr. Smith's 20-year term policy was reaching its conversion deadline. At age 79 he had recently been diagnosed with coronary heart disease and couldn't afford to convert his policy to whole life. Facing a lapse, he sought a senior settlement and was able to sell his policy for $75,000. As a result, Mr. Smith not only recovered all of the premiums he had paid into the policy over the years, but made a handsome profit besides.

For a free confidential policy evaluation, please
complete the following questionnaire:

Insured's Name:

Policyowner's Name: (if different from insured)

Insured Date of Birth: (Month, Day, Year)

Policy Owner's State:

Insured's Age:

Sex:		Male Female

Please provide us with an overview of your medical history in the space provided below:

POLICY INFORMATION

Policy Type:

Insurance Company:

Issue Date (M/D/Y):

Face Amount:

Loan Amount:

Cash Value:

Annual Premium:

Next Due Date: (M/D/Y)

	E-mail Address:

	Phone Number:

	Fax Number: (if available)

How can Affordable Life Help?
Affordable Life is a Senior Settlement broker. That means we work for you in order to get the best price for your life insurance policy. Affordable Life combines in-depth knowledge of the life insurance industry with expertise in the life settlement business. Our goal is to maximize your settlement by soliciting offers from multiple funding sources.
If you have any questions about the senior settlement process or would like to discuss the sale of your policy, please give us a call:

1-800-727-8376

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