MRE Finance now educates seniors about the sale of their life insurance policy
A life insurance policy can be one of the most valuable assets people own and most are unaware that the policy can be sold for a one-time cash payment.
PARSIPPANY, NJ (PRWEB)
09 December 2021
MRE Finance LLC specializes in helping the elderly and seriously ill people who wish to sell their life insurance policy. The transaction, also known as a life settlement, is a decision that can provide financial freedom for many seniors.
A life insurance policy can be one of the most valuable assets people own and most are unaware that the policy can be sold for a one-time cash payment. There are many reasons why seniors consider selling their policy. Some want to supplement their retirement, pay medical bills, get out of debt, pay for memory treatments, help their children, or insurance is no longer necessary. Whatever the reason, once the policy is sold you can use the money however you want.
It is relatively easy to sell your policy. Transfer the ownership of the policy to a buyer, known as the life insurance provider, and you will receive cash payment with no further expenses related to the policy. Overall, the process takes around 6-8 weeks for settlement to be finalized with an experienced provider, but timescales may vary depending on who your insurance company is and how quickly they deliver the claims. necessary documents.
When you plan to sell a life insurance policy, you will need some basic information to get started; the type of policy (full, universal, temporary), the amount of coverage, the age and state of health of the policy holder and the state in which you live. The payment for a lifetime settlement is usually more than the cash value, but less than the death benefit. MRE Finance will review your life insurance policy and, if qualified, provide you with a free estimate.
The Free Life Settlement Calculator on the MRE Finance website provides consumers with an easy way to find out the potential value of their policy within minutes. The website also provides educational and informative content with over 100 blogs to help the elderly and critically ill understand the benefits, process and regulations as well as health, lifestyle, insurance and planning. financial.
Start your journey to financial freedom by learning more with MRE Finance.
About MRE Finance LLC
MRE Finance brings over 25 years of experience in the life insurance and viaticum settlement industry. Our mission is to educate and provide information to help seniors and people with chronic illnesses live with dignity and greater financial stability by helping them sell their life insurance policies with ease. MRE Finance believes in transparency with its clients and above all in respecting their privacy.
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