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Term Conversion Deadlines and Life Settlements

Life Insurance Settlements Inc’s. “TERMLIFESET” program is an exceptional financial solution for term life insurance policies that are approaching their conversion deadline. An otherwise worthless asset is converted into a financial gain for you and your clients through this exclusive offering.

With Life Insurance Settlements Inc.’s “TERMLIFESET” program, your 65+ policy owner can receive the surrender cash value for life insurance policies. The referring agent will receive a commission on the life settlement.

Example Cases

Case #1

250k Term United Of Omaha

69 yr old man with a history of prostate cancer which is now in remission. This case was declined by all of the mainstream life settlement buyers.

This term policy was nearing the conversion deadline. The life insurance policy owner had no desire to convert and carry expensive premiums, so they were looking for an alternative financially. The policy was going to lapse unless a solution was provided, which a Life Settlement ended up being perfect for.

The insured qualified for Termlifeset and received the maximum cash value of their life insurance policy.

The agent received 2 commissions. 1 – life settlement commission 2 – conversion commission.

Case #2

250k Term Protective

74 yr old man

The ‘mainstream’ buyers were not interested in underwriting this case due to good health and small face.

The insured qualified for Termlifeset and received a lump sum payment.

The agent received 2 commissions. 1 – life settlement commission 2 – conversion commission.


Case #3

800k Trans term conversion that would have lapsed

72 yr old declined everywhere due to ‘relatively good health’.

The insured qualified for Termlifeset . They received a lump sum payment and a paid up death benefit.

The agent received 2 commissions. 1 – life settlement commission 2 – conversion commission.



Case #4

500k Trans term conversion

69 yr old man

The conversion deadline was approaching and the owner was going to let the policy lapse.

The insured qualified for Termlifeset and received a lump sum payment.

The agent received 2 commissions. 1 – life settlement commission 2 – conversion commission.

 

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