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CASH SURRENDER VALUE IN LIFE INSURANCE
Welcome Funds is a nationally licensed life settlement broker, founded in 2000, that represents policy owners who want to sell their life insurance policy in the secondary market. Our institutional life insurance buyers compete in an auction bidding process to ensure we secure the highest offer from the life settlement market. We have negotiated over 36,000 life settlement offers and provided more than $1 Billion in sales proceeds to our clients. Please review our website to learn more about how we can provide professional representation and expert advice on selling your life insurance policy.
Cash Surrender Value of Life Insurance
The cash surrender value of life insurance is the amount of money a policy owner receives from the insurance company when the policy is surrendered before it is matured or the insured’s death. It represents the savings component of certain life insurance policies, such as whole life, universal life, and variable life policies. The cash surrender value may be reduced by any surrender charges, which are fees that insurance companies charge for the early termination of a policy.
Life Insurance Surrender Value
Life insurance surrender value refers to the cash value that a policyholder is entitled to receive from the insurance company when they surrender their life insurance policy before it matures or the insured dies. The surrender value represents the savings component of certain life insurance policies, such as whole life, universal life, and variable life policies. However, the surrender value may be reduced by surrender charges.
Cash Surrender Value vs. Life Settlement Market
Qualified policyholders over the age of 65 or who are diagnosed with a life-threatening illness may be eligible for a cash offer from the life settlement option. A life settlement is an alternative to surrendering a life insurance policy for its cash value. Additionally, a life settlement allows policyholders to access a secondary market for life insurance policies where state-licensed financial institutions compete to purchase policies as an investment. Ideally, a life settlement payout is always higher than the cash surrender value.
Selling Your Life Insurance Policy with Welcome Funds
How do you know if you will receive the best offer when you sell your life insurance policy? The only way to know for sure is to apply to every licensed direct buyer in your state, which could be 10-35 different companies. Direct buyers do not have your best interest in mind because they represent their investors. At Welcome Funds, we have leveled the playing field for policy owners. We negotiate the best offer for you by auctioning your policy with these direct buyers. By completing one application with Welcome Funds results in your life insurance policy being auctioned to multiple buyers, it is what we call Life Settlements, Simplified.
Let us Negotiate For You!
Welcome Funds is a nationally licensed life settlement broker, founded in 2000, that represents policy owners who want to sell their life insurance policy in the secondary market. Our institutional life insurance buyers compete in an auction bidding process to ensure we secure the highest offer from the life settlement market. We have negotiated over 36,000 life settlement offers and provided more than $1 Billion in sales proceeds to our clients. Please review our website to learn more about how we can provide professional representation and expert advice on selling your life insurance policy.
- It is Absolutely FREE to Find Out if You or Your Loved One Is Eligible to Sell A Life Insurance Policy
- There's No Obligation at Any Time
- Our Life Settlement Qualification Process is Completely Confidential
- We Provide a FREE Personal Consultation & Appraisal
Complete our free, no-obligation Life Settlement Qualifier or call us toll-free at 877.227.4484 to speak with a client care advocate.
LIFE SETTLEMENT BLOG
Direct Life Settlement Buyers vs. Welcome Funds – Advisor Beware!
Posted: by John Welcom
Welcome Funds has the privilege of working with numerous financial advisors and wealth managers – and have done so for two decades – some who exclusively focus on servicing high net worth clients. One such advisor who is active in the life settlement market — and already understands the value he can create for his clients — had historically negotiated directly himself with two or three leading buyers of life insurance policies. He thought that simply engaging with mor...
How to Sell Your Life Insurance Policy for $4,743,000 Instead of $275,485?
Posted: by John Welcom
Mr. Williams purchased $10 Million in life insurance coverage in 2001 to provide his family with financial security. Over time, his financial priorities changed: his wife passed away, his children became financially independent, financial burdens arose and the estate tax exemption increased substantially.
Suitability of Life Settlements
Posted: by John Welcom
Traditionally, estate planning advisors counsel their high net worth clients to obtain life insurance policies with large death benefits. The strategy is simple: create a vehicle for heirs to receive tax-free income at the time of an insured’s passing so sufficient funds are available to pay large estate tax bills when assets are inherited.
What is the Most Suitable Exit Strategy for Life Insurance?
Posted: by John Welcom
All eyes in the life insurance agency and the financial advisory world have been on New York, where in the summer of 2019, the New York State Supreme Court paved the way for implementation of Insurance Regulation 187. This rule imposes a new standard for agents and brokers when issuing a recommendation to a client regarding an annuity or life insurance product.
How to Get the Highest Life Settlement Offer
Posted: by John Welcom
When you decide to sell a valuable personal asset, you usually want to obtain the highest purchase price for that property. It is sound business sense. However, how do you truly know when you have reached the point of accepting and securing the most desirable offer?
Understanding the Fair Market Value of a Life Insurance Policy
Posted: by John Welcom
When a professional advisor identifies a life insurance policy that a client no longer needs or wishes to maintain, he should ask, as standard protocol, whether that policy may have value in the secondary market. If so, the client may be able to sell the policy in a life settlement transaction, enabling him to receive a higher cash payout than he otherwise would obtain by lapsing or surrendering the policy back to the insurance company.
The Power of a Life Settlement Auction
Posted: by John Welcom
Professional advisors with clients who no longer need or wish to maintain a life insurance policy have options when exploring the secondary market. Many advisors prudently rely on a licensed life settlement broker to assist them in the sale of the policy and with all aspects of the transaction. However, there is still a large number of professionals persuaded to work directly with only one buyer, called a life settlement provider.
Rebuttals to the “Direct Buyer” Model for Life Settlements
Posted: by John Welcom
Most professional advisors who explore the potential sale of an unwanted life insurance policy on behalf of their clients will rely on the assistance of a licensed life settlement broker. Life settlement brokers represent the policy owner in the transaction and have a duty to act in their best interests. Most notably, the broker’s and client’s goal is aligned: to sell the policy for the highest price possible.
Carrier Resistance To Life Settlements: Clients Need To Know They Can Sell Their Policies
Posted: by John Welcom
Consumers who sell their life insurance policies in the life settlement market receive as much as seven times more money than they would have received by surrendering their policies back to the insurance companies. Seven times! However, an estimated 9 out of 10 policies are allowed to lapse before paying a claim, according to the Life Insurance...
The Danger of Trying to “Time the Market” for Life Settlements
Posted: by John Welcom
Most investors in the stock market understand the danger of “market timing” — trying to choose the right day to buy a stock when the price is low and sell it when the price is high.
