What Are Funds Used For?

Convert Your Policy to Cash: Help Recoup Lost Premiums and Ease Debt Pains

The costs associated with long-term care, health care, and retirement can be overwhelming. You can get cash for your insurance policy to help offset these pressures. Life settlements are attractive because they provide an alternative choice versus surrendering the policy or paying premiums.

You need money, but it’s tied up in your life insurance. Fortunately, there is another option. Learn how you can use your life insurance for the things that matter to you.

In order to find out if your policy is likely to qualify, please complete the following form. If you prefer to speak to someone right away or have additional questions, please call us at (800) 434-4791.

We can also be reached via email at Hello@ParadigmSettlements.com.

Long-Term Care

Nursing homes and assisted living facility costs are rising. Many seniors are faced with having to make decisions about the level of care they can afford. The sale of a life insurance policy may help provide for the quality of care you want and deserve.

Healthcare Costs

Under the affordable healthcare act, life insurance can be used to pay for Medicare premiums or health insurance policy premiums. The cash value in a life settlement policy could also be used to cover deductibles and co-payments.

Policy owners who sell their policies may also use the proceeds to cover medical bills and long-term care expenses.

Cost of Living

When times get tough, it’s nice to know there are alternatives out there that can help you achieve your goals. Life Settlements can offer a cash infusion for individuals who own an insurance policy and need the cash flow now.

Premium Recovery

Millions of life insurance policies have been sold with the expected interest rates to grow over time. But low-interest rates and market corrections during the recent economy caused many insurance companies to reduce or eliminate dividends on existing policies, while occasionally raising premiums or pulling money from the policy. This has left policy owners paying higher premiums and interest rates than they signed up for. If you’re a policy owner looking to reclaim lost premiums, you could hold the key to more money in your pocket.