Unlock The Wealth Of Your Life Insurance
Discover the hidden potential within your life insurance with Summit Life Settlements—unlock financial opportunities and secure your brighter future today!
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A licensed-based life settlement brokerage company
Summit Life Settlements is a licensed-based life settlement brokerage company that provides client-centric services. With years of dedicated expertise, we have evolved into a licensed brokerage, operating nationwide with a vision to expand into Europe. Our unique approach involves leveraging technology to streamline the sale process. Through our cutting-edge Summit Life Settlement Marketplace, clients gain access to a network of top-rated buyers, facilitating a competitive auction-like environment.
Life Settlements Featured On
U.S. Government Accountability Office (2010). How Can We Help You
Optimize Your Life Policy's Value
Fund Your Retirement
Financial Freedom
Cover Medical Bills
Lower Monthly Expenses
Avoid Lapse in Coverage
Do You Qualify?
Age and Health Parameters
Summit Life Settlements assess eligibility based on age and health status. Whether you're a retiree looking to cash in or navigating health challenges, we tailor evaluations to your specific situation.
Policy Types Considered
From term life to universal life, we cover a spectrum of policy types. Our eligibility criteria include various policy structures, ensuring a broad range of individuals can explore the potential of life settlements.
Transparent Evaluation Process
Wondering if your policy qualifies? Our transparent evaluation process simplifies the criteria, providing clarity on eligibility factors, and making it easy for you to understand and explore the possibilities for your life insurance policy.
Types Of Life Settlements
Traditional Life Settlements
Unlock the value of your life insurance policy through a life settlement – an innovative financial solution for those who no longer are in need of their life insurance policy. With life settlements, individuals aged 60 or older, and those with health impairments impacting life expectancy, can typically qualify to sell their policy to a third party for a one -time, lump sum cash transaction, receiving immediate payment in exchange for transferring ownership of their policy. This amount is typically higher than the policy’s cash surrender value but lower than the death benefit.
The buyer then assumes responsibility for paying the policy premiums and receives the death benefit when the insured passes away.
Viatical Settlements
Unlock the value of your life insurance policy through a life settlement – an innovative financial solution for those who no longer are in need of their life insurance policy. With life settlements, individuals aged 60 or older, and those with health impairments impacting life expectancy, can typically qualify to sell their policy to a third party for a one -time, lump sum cash transaction, receiving immediate payment in exchange for transferring ownership of their policy. This amount is typically higher than the policy’s cash surrender value but lower than the death benefit.
The buyer then assumes responsibility for paying the policy premiums and receives the death benefit when the insured passes away.
Retained Death Benifits
Unlock the value of your life insurance policy through a life settlement – an innovative financial solution for those who no longer are in need of their life insurance policy. With life settlements, individuals aged 60 or older, and those with health impairments impacting life expectancy, can typically qualify to sell their policy to a third party for a one -time, lump sum cash transaction, receiving immediate payment in exchange for transferring ownership of their policy. This amount is typically higher than the policy’s cash surrender value but lower than the death benefit.
The buyer then assumes responsibility for paying the policy premiums and receives the death benefit when the insured passes away.
Sarah’s Life Settlement Journey
Meet Sarah, a retiree burdened with medical bills. Feeling trapped by her life insurance policy, she discovered Summit Life Settlements. Submitting a simple online application, she tapped into our Life Marketplace. Through a transparent auction process, multiple offers poured in, securing Sarah a settlement worth 7 times more than expected.
Swift and secure, Summit’s technology-driven approach not only eased her financial worries but turned an insurance policy into a lifeline.
We Lead You Through the Process
Consultation
Custom Investment Package
Summit Marketplace
Closing Services
Summit Life Settlements offers comprehensive closing services aimed at facilitating the transactional process which includes contract review and assistance with contingency requirements for life and viatical settlement providers as well as the insurance providers and industry professionals all to ensure a seamless and expeditious transactional experience.
Giving Back
We will donate to charities for every life settlement transaction that originates on this site. We take recommendations from customers like you.
Life Settlement Success Stories
Incredible service! When my policy premium kept increasing and I no longer needed my coverage, Summit Life Settlements helped me get the most value for selling my policy. Grateful for their transparency and professionalism.
Lisa
Summit exceeded my expectations! I didn’t know I could sell my life insurance policy. Summit Life Settlements helped me understand how to get the most for my policy sale while being upfront and informative of the process the whole way.
Mark Thanks to Summit Life Settlements, I was able to learn how to get the most value for selling my policy. Their Marketplace made the process a breeze.
Frank
