Sell Your Insurance Policy
Life insurance policy owners can now take advantage of important financial opportunities using the proceeds of an unwanted, unaffordable, or obsolete life insurance policy. Prior to the evolution of the life settlement industry, any person who owned a policy that was no longer wanted, needed, or affordable only had the option to lapse, cancel, or surrender the policy to the carrier for the cash surrender value. You did not have the option to sell your life insurance policy for what it was actually worth.
With direct funders, such as Asset Funding Corp., life insurance companies now face competition for the surrendered policies that they once monopolized. Life settlements have become a very important factor in liquidating an otherwise dormant asset.
Asset Funding Corp. has helped create a competitive secondary market for life insurance policies, allowing sellers to obtain the highest prices paid and the real value of their policies..