Home Senior Settlements How to Qualify Settlement FAQ Contact Us About Senior Settlements What is a Senior settlement? Senior settlements provide funds needed for long term care, a dream vacation, or other investments that produce better results. An important benefit is the elimination of premiums that can make a difference in deciding which type of lifestyle you prefer.

	Definition A Senior settlement is the sale of a life insurance policy to a financial institution. The policy owner sells the policy for a discounted amount based on their current health status and the premiums required to keep the policy in force. The senior benefits by eliminating premium payments from the sale of the policy and receiving a lump sum of money that can be used that their discretion.		Consider this: If you let your life insurance policy lapse you are essentially selling your policy back to the insurance company for nothing. If you accept the cash surrender value, you are essentially selling your policy back for an amount based on normal health status. A Senior settlement gets you what your policy is actually worth, instead of what an insurance company thinks its worth. The Next Step: Review Frequently Asked Questions How to Qualify Contact Us

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