MaxLife Solutions Advantages:
- Ensure Maximum Payout
- Dedicated Account Manager
- Free Appraisal Process
- We Do All The Legwork
- 72 Financial Institutions
- Billions of $$$ Processed
- Licensed Brokerage
Life Settlements vs. Viatical Settlements
Regulatory usage of the terms “viatical settlement” and “life settlement” varies by state. However, the market generally uses the term viatical settlement to refer to instances where the insured is terminally ill with a life expectancy of less than two years. A life settlement focuses on policies insuring older individuals with life expectancies greater than two years.
Life Settlements
A life settlement is available to seniors who meet the following criteria.
- Males 65+
- Females 70+
- Life expectancy of 12 years of less
- $100,000 minimum in life insurance coverage
Viatical Settlements
Seniors with a terminal illness or life expectancy of less than 2 years are eligible for a viatical settlement.
Life settlements provide seniors with a lump sum value for their life insurance policy.
- Superior financial solution if you no longer need a life insurance policy due to a change in circumstance
- Alternative to allowing a policy to lapse
Free Evaluation - Click here to contact us
Testimonials
“I was in need of cash when my accountant referred me to MaxLife Solutions. I was surprised to get such a quick turnaround time from filling out the application to when the funds were direct deposited into my account. More importantly, I was surprised at how compassionate, friendly and responsive the staff is there. I received $250,000 on my million-dollar policy."
-- Al
Case Studies
Universal Life Insurance
- Male, 79
- Policy face value: $3.5 million
- Cash value: $185,000
- Life settlement payout: $970,000
