A few years back, my husband and I found ourselves in dire financial condition. We had a family emergency, and we badly needed cash. We didn’t have life savings then, and there was no one to turn to for monetary help. We both had life insurance policies, however, and we knew we could surrender these policies to our insurance company for cash, and that’s exactly what we did. To our dismay, we only got a small percentage of our accumulated insurance premiums.
We didn’t know back then that we can sell our life insurance policies to a third party and get 200-500% more than surrendering our policies to our insurance company. Life settlements or life insurance settlements refer to the amount of cash insurance policy holders receive when they sell their policies to a third party. If you need money for hospitalization or medication expenses or even to finance your child’s education, you can now sell your existing life insurance policy for lump sum cash. Like stocks or bonds, life insurance policies are considered as assets, items of ownership that can be converted into cash.
Amrita Financial is an established life settlement company that offers policy holders a fast and convenient way of turning their existing life insurance policies into that much needed cash. With Amrita, life settlements can be done online. Through the use of the Internet, policy holders are given direct access to the financial institutions who are interested in buying life insurance policies. This means policy holders can choose from a number of life settlement bids to obtain the best value for their insurance policies.
Selling your life insurance policy is a crucial decision to make. That is why you need a trusted life settlement company that will make things work for you. Contact Amrita Financial now at (888) 539-8885 to know more about life settlements.