Term life insurance products are great because they're affordable. The downside is that they expire. Most term policies expire and clients' benefits end. But, what if you could turn your term life insurance policy into an investment by selling it before it expires?
Here's an example of how it works. Let's say a client is 68 years old and she/he has two more years before the $1,000,000 policy expires. A financial firm may purchase the term for $250,000, convert it into a permanent life insurance product and become the owner and beneficiary.
Now, the client has $250,000 cash to use towards retirement, or possibly invest it into an annuity.
To see if you qualify or if you know someone who may want to qualify, please fill the form below and we will respond soon.