Why Sell?
The economic environment and financial needs of consumers are changing at an ever increasing rate. People are living longer and the cost of living continues to go up. As a result, insurance policy owners and their financial advisors are taking an increasingly creative approach to meeting those financial needs. The life insurance settlement market emerged as financial professionals and policy owners began demanding that more options be available for owners looking to surrender or cancel their life insurance policies. Life settlements have become a vital component of senior financial planning as policy owners turn to life settlement brokers to increase their liquid capital base. IMS Settlements, LLC is an experienced life settlement broker that can guide you through that process and ensure the maximum value of your life settlement payout.

When to Consider Selling a Life Insurance Policy

• Premiums are too expensive
• Death of beneficiary
• Client is thinking of letting the policy lapse
• Insurance is no longer needed or has become unaffordable
• Emergency need for capital or to maintain one’s quality of life
• Changing estate planning needs
• Provides capital to purchase a new, more cost efficient life insurance policy, a long-term care policy, or annuity
• Buy-sell agreements, where the owners have retired or the business has been sold
• Deferred compensation plans, where the covered executive has left the company
• Key man policies, when the insured has retired or left the company

Benefits of a Life Settlement

• Selling a life insurance policy will provide a policy owner with a lump sum payment which is always greater than the cash surrender value
• Proceeds from a life settlement can be used as the policy owner wishes
• Eliminates an unneeded or unwanted life insurance policy and its associated cost