Viatical Settlements
The sale of an existing life insurance policy at a discount from the face value transforms what is often seen as a future benefit or a risk management tool for businesses, into a resource that can and should be managed as part of an overall financial plan.
Your Stephens Insurance advisor can help you with the process of accessing the accelerated benefits (sometimes referred to as 'living benefits') of your insurance policy. We will work with you to incorporate the sale of your policy into your long-term financial plan.
Understanding the Value of Your Policy
For millions of life insurance policyholders, the purpose and value of their policy has changed in recent years. While they may have originally purchased the policy to provide for a beneficiary after their death, they now find that through the sale of their policy, the policy can be easily converted into cash or a series of cash payments that, under certain conditions, are tax-free.
Policyholders need to fully understand how this type of transaction can be used to help meet financial needs and objectives, and at Stephens we will personally assist you in evaluating the value of your policy and in understanding all aspects of the Viatical Settlement process.
Personal Consultation
As your personal insurance advisors, our primary concern is the well-being of you and your family. Our experienced insurance advisors can assist you in evaluating the benefits a viatical settlement may offer. For an exclusive consultation with a Stephens Insurance advisor, please contact us.
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