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, investments, advisory services, and select Insurance products offered through LPL Financial and its affiliates, Member FINRA/SIPC and a SEC Registered Investment Advisor. North Island Credit Union and the Investment Department at North Island Credit Union are not registered broker dealers, nor are they affiliated with LPL Financial. Representatives are employees of North Island Credit Union and registered through LPL Financial. North Island Credit Union CA Insurance license #0719223.
| Not NCUA Insured | No Credit Union Guarantee | May Lose Value |
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 © 1998-2010. North Island Credit Union. All rights reserved.