Your Life Insurance Policy may contain Hidden Cash Value
Here are some general criteria:
- Candidates for a Life Settlement are generally 70 years of age of older (65+ if they suffer from a health impairment).
- The Life Insurance policy face amount is at least $100,000.
- The cash values do not exceed 30% of the face amount.
- The policy is at least 2 years old.
Life Settlements: Uncovering Hidden Value in Your Life Insurance Policy