Real-life examples of life settlements from Lighthouse Life
Real-life examples of life settlements from Lighthouse Life
Real life settlement examples and success stories from Lighthouse Life
Do you want to know how much people like you receive when they sell their life insurance policy in a life settlemet? Here are some actual examples from people who chose to work with Lighthouse Life.
Helen, a 79-year-old in good health, had a $150,000 universal life policy that cost her $2,500 per year – and rising – to keep in force. The premiums were getting too expensive for her budget.
She wanted to improve her financial security, but the insurance company would only have given her $677 in exchange for surrendering the policy (its cash surrender value).
Instead, she spoke with Lighthouse Life and learned she could sell the policy for its market value of $7,000, more than 10x the cash value.
79
$150,000
$677
Mark, a fairly healthy 65-year-old man, had a $200,000 Universal Life policy he no longer needed. Since his kids were grown and financially independent, he was planning on letting the policy lapse.
Instead, he sold the policy to Lighthouse Life for $17,500 – money he would have thrown away if he had let the policy go before finding out how much it was worth.
Now, Mark can use that money to ensure a more financially-independent retirement.
65
$200,000
$0
David, a 69-year-old man with several health challenges, had a $250,000 term life policy. He thought his policy had no value as an investment because it was a term policy.
However, after speaking with Lighthouse Life, he learned he could sell his policy and use the proceeds to help alleviate financial strain.
David received $50,000 – and peace of mind – in his life settlement.
69
$250,000
$0