Tuesday, May 16, 2006

Life Insurance Settlements from Efinancial

Dont Let your Life Insurance policy Lapse. You have options.

Before you let your life insurance policy lapse, or stop making payments, Call Efinancial and discuss a life insurance settlement. It is a lucrative option if you no longer need coverage because your children have gotten older, or change in job/financial status, etc.

A Life Insurance Settlement is essentially taking your current inforce life insurance policy and selling it off to the highest bidder. Companies will actually pay you a cash settlement for the policy and take it off your hands. They would be the new beneficiary and owner of the policy. You get paid a lump sum, and have the ability to purchase a new cheaper policy that better fits your changing needs. Let Efinancial find the best price for your policy. We work with a number of settlement companies due to the high volume of life insurance premium that we write.

You might be thinking....."Someone wants to give me a large sum of money for something I no longer want? and I can buy a new more affordable life insurance policy all in 1 spot?"

With Help from Efinancial, this is true.

The most likely candidates for a life insurance settlement are people in their 50s and 60s or older with a whole life policy, or Term policy with quite a few years left. All older age/ high risk policies are considered. Based on the risk, and chance of death, and the death benefit, the payout could be very large.

Most people dont know about life insurance settlements. If you would like to know more about selling your life insurance policy, please visit www.efinancial.net, or call 1-800-648-9504 and ask for a brokerage agent.

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