Life Settlements
If you are over 65 and own an unneeded or unwanted life insurance policy, a life settlement may be the right solution for you.
What is a Life Settlement?
If you are over 65 and own an unneeded or unwanted life insurance policy, a life settlement may be the right solution for you.
Benefits & Features
- Enjoy the freedom of no more premium payments
- Collect money materially greater than the existing cash value of the policy
- Policy must have a death benefit of at least $500,000
- Your life expectancy must be between 2 and 20 years
When to Consider a Life Settlement
- Policy no longer needed
- Investment projections have not materialized
- Premiums too expensive
- Medical/long term care required
- Charitable/family gifting desired
- Employment status changes
- Bankruptcy
Terms & Conditions
Securities, insurance products, asset management, and financial planning and services offered through LPL Financial and its affiliates, are not NCUA/NCUSIF insured, are not credit union guaranteed, and may lose value. Representatives are employees of North Island Credit Union and licensed through LPL. LPL Financial Member FINRA/SIPC. North Island Credit Union CA license #0719223.
The LPL Financial registered representatives associated with this site may only discuss and/or transact securities business with residents of the following states: Arkansas, Arizona, California, Colorado, Florida, Hawaii, Indiana, Missouri, New Jersey, New Mexico, Nevada, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, Wisconsin.
Island Paradise artwork property of North Island Credit Union.
Copyright © 1998-2009. North Island Credit Union. All rights reserved.