Years ago you planned ahead and bought life insurance to protect your family. As the years have gone by you may have seen all of these changes in your life:
- Grown children
- Need to provide for long term care
- Need for funds for living expenses
- Desire to travel
- Wishing for a way to help children with their needs
These are just a few of the changes that you may have seen over the decades. A lot of these call for more cash to make them happen. In the meantime, you’ve steadily paid your life insurance premiums every month; year in and year out. Now as you enter your golden years, the premiums have escalated to the point where they’ve become barely affordable, and you’re faced with a dilemma: keep paying or let the insurance lapse.
Did you know that 85% of policyholders think that they have no choice – they let their policies lapse. On the one hand, they figure they are getting out from under those high premiums, but they’ll receive nothing after having paid in for all those years. Don’t let that happen to you!
Your Life Insurance is Your Hidden Asset
You might be asking yourself, how can I keep from letting my policy lapse? The premiums are so high! That’s where Harbor Life Settlements comes in. The answer is in our name; life settlements. We offer a FREE service, with no risk or obligation. The premise is simple: We shop your life insurance policy to third parties who wish to buy it for cash. You can receive up to 40% of the death benefit in cash while you are alive; often in a matter of only a few weeks.
Now look back up at that list we went over at the top of this page. If you had extra cash, and didn’t have to pay life insurance premiums anymore, what would you do? You could take care of important expenses, like long term care. You could finally take that vacation to Europe or South America, Asia or wherever you want to go! What about your children or grandchildren? Maybe one of them would like to put a down payment on a house, and you always wished you could help them do that. With the proceeds from the sale of your life insurance policy, you can. You’ll have many more options when you receive that lump sum cash payment.
But how does a life settlement work?
Learn About Life Settlements
With over 30 years in the insurance industry, Harbor Life Settlements provides you with the most streamlined, stress-free life settlement process. We ask you a few eligibility questions (your age, health status, what type of policy you own). Then we shop your policy to a variety of third parties who are interested in buying. We then present the best cash offer to you. You can decide to sell your life insurance policy, or keep it; all the while having peace of mind that you have a liquid asset that you can sell at any time, should your situation change.
When is the best time to sell your life insurance policy? That is up to you; but the one thing that Harbor Life wants to help you with, is providing its value to you, in cash, so you can make an informed decision. Knowing your policy’s value will hopefully ensure that you never let it lapse, because you’ll know that it is valuable.
See How Much Your Life Insurance Policy is Worth in Cash
Remember when you first bought your life insurance policy, all those years ago? You did it because you wanted to provide for your family. Selling your life insurance policy offers you that same capability, but allows you to use the sale proceeds now, to make life more enjoyable and to meet expenses. Want to know more? Give Harbor Life a call at 1-800-694-0006, or visit our website for a free quote. With our FREE, no risk, no obligation service, what do you have to lose? And you might have a lot to gain – give us a call today!