Parameters for a Life Settlement | Reasons to Choose Life Settlement

Parameters for a Life Settlement

The Facts of l.i.f.e.

Who is a Candidate for Life Settlement?

These are the minimum requirements Ashar Group, LLC has established to consider a policy for a Life Settlement.

  • Individuals 65 years of age or older
  • A life insurance policy from $250,000 to $100 million
  • Change in circumstances since the policy was issued
  • Life expectancy from 25 months to 20 years
  • Policy must be beyond the 2-year contestability period

If a client meets these minimum requirements, then the reasons for choosing a Life Settlement must be considered.

What Types of Policies Qualify?

  • Universal
  • Term
  • Whole Life
  • Joint/Survivorship
  • Variable Life
  • Group