The newly updated services have been designed to help seniors maximize the sale proceeds and avoid broker fees. The company buys policies directly from the owner and also offers a senior care benefit plan for those who would like to sell their policy to pay for long-term care.
More information is available at https://qlifesettlements.com
People who have purchased life insurance may consider canceling their policy when their financial circumstances change. They may need money for urgent expenses, such as medical bills, or they may be no longer able to afford the premiums and would like to reinvest the funds. With Q Life Settlements’ updated services, they can now sell their life insurance at its market value and get a higher payout than its surrender value.
According to Q Life Settlements, universal life, term insurance, whole life, variable life or survivorship universal life insurance policies with a face value between $50,000 and $50 million can qualify for a life settlement.
Clients can get a free, no-obligation estimate for their life insurance policy on the company’s website by filling out a simple form. They will need to indicate their age, policy payout, the presence of health issues, if any, and their contact details, after which they can receive their free quote. The life settlement calculator can be accessed at https://qlifesettlements.com/quote
The service is also suitable for clients who require long-term care, such as nursing home, assisted living, home care, or hospice. With the national average monthly cost of senior care ranging between $4,000 for home care to over $8,000 for nursing home care, many people need to lapse or surrender their policy to be able to afford it. Q Life Settlements offers a Senior Care Benefit Plan, which allows converting the life insurance policy into monthly tax-free payments to cover long-term care.
“At Q Life Settlements, we strive to provide the most transparency and clarity in the life settlement process to empower our clients to pursue a direct life settlement,” said a company representative. “We find going direct typically results in a quicker life settlement, and fewer fees – meaning you get more of your offer money in your pocket.”
Interested parties can find more information by visiting https://qlifesettlements.com/long-term-care
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 Scottish Opinion journalist was involved in the writing and production of this article.