In general, the following qualification criteria applies:
Age and health status of insured
Seniors who are age 70 years or older. Younger insureds may qualify, depending on certain medical conditions.
Type of insurance policy
Funds for Life can help you with every type of insurance policy, including term insurance. However the majority of policies sold in the secondary market for life insurance are universal life insurance policies.
The life insurance policy premiums
The amount of the premium payments to keep the policy in-force will also play a role on the offer amount.
Life insurance policy death benefit “face value”
Funds for Life can work with all face values. Have your policy details in reach when you call and we can get you started.