The company explains that some families find themselves locked into a term life insurance plan that is no longer as suitable as it was when purchased. However, many people don’t realize that selling their policy is an option, and the updated service can guide clients through the conversion and sales process.
More information can be found at: https://qlifesettlements.com
Q Life Settlements aims to empower clients with its latest move. Research shows that it’s still common for those who own term life insurance policies to let them lapse. However, with the right guidance, a life settlement provides a beneficial alternative.
Term life insurance guarantees a payment if the insured dies during a term that is outlined in the agreement. However, if the policy expires when the insured is still alive, there is no payout for beneficiaries. Converting the policy and selling it as a life settlement gives this added security and comfort immediately.
Q Life Settlements provides an estimate service to help clients discover their life insurance policy value with no obligation. Using the integrated calculator, clients can see how much their policy might be worth when bought out.
Q Life Settlements offers a calculator at: https://qlifesettlements.com/quote
Through a life settlement deal, an unwanted or unsuitable life insurance policy can be sold for cash, providing additional security for a change in living expenses. Sellers receive a cash amount higher than the cash-surrender value of the policy in question.
This is especially beneficial during these challenging times, when budgets are stretched.
Whether clients find that their circumstances have changed or their decisions have been revisited and adjusted, Q Life Settlements can connect clients to the best purchase deals for their existing policy.
Lump-sum payouts can be beneficial for a variety of reasons, whether individuals want to support their loved ones or leave something behind for their grandchildren.
A spokesperson for the company states: “Life settlements are an important financial planning tool that all seniors should consider. A life settlement is the sale of a life insurance policy to another person or entity that does not have a familial or business relationship with you.”
Interested parties can learn more at: https://qlifesettlements.com/term-life-insurance-what-policy-holders-need-to-know
Q Life Settlements LLC
Q Life Settlements LLC
2424 N. Federal Hwy.
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Guardian Talks journalist was involved in the writing and production of this article.