Partner with an Experienced
Life Settlement Broker
IMS Settlements is a leading Life Settlement Broker who can assist you in selling your Life Insurance Policy for cash in a smooth and transparent manner.
There are many reasons a Life Settlement may be right for You:
Premiums Become Too Expensive
You No Longer Need Life Insurance
Increased Medical Expense or Emergency
Changing Estate Planning Needs
What is a
A Life Settlement is the sale of an existing Life Insurance policy. In a Life Settlement, the Policy Owner sales the policy to a new owner in exchange for a lump-sum of cash.
How does the Life Settlement process work?
The ownership of the policy changes from the Original Owner to a New Owner who pays any remaining premium payments due and becomes the Beneficiary of the policy.
How do I start the Life Settlement process?
As a licensed Life Settlement Broker, IMS Settlements can help you review all of your options and ensure that you receive the most money for your policy if you decide to sell it.
There are a variety of Life Insurance policies that may qualify for a Life Settlement. Parameters for every case varies but generally there are a few things to consider:
Type of Policy
- Universal Life
- Indexed Universal Life
- Whole Life
- Convertible Term
- Non Convertible Term
- Joint Survivorship Policies
- Variable Life
*Check with IMS if your policy type is not listed.
Ages 65 and Older
(some younger ages can qualify)
Generally the older the Insured the larger the value of the Life Settlement
$100,000 – 100,000,000+
The larger the policy the larger potential value of the Life Settlement.
A moderate or major change in the Insured’s health since policy issue.
A more significant change in health since policy Issue creates more value in a Life Settlement.