The first step in seeking to sell your life insurance policy is by making contact with Prosperity Life Settlements, a licensed life broker professional.
At Prosperity Life Settlements we work for you as a licensed life settlement broker to help you get the highest value for your life settlement transaction if your policy qualifies. After you sign the required transaction documents, we’ll do the rest of the work for you! First, we collect your policy information and medical records. Once the underwriting is complete, we will send your file to several licensed life settlement providers in the marketplace in your state. The licensed life settlement providers will return their purchase offers to Prosperity Life Settlements if they are interested in buying your policy. We will negotiate with these licensed life settlement providers to present you with the highest cash settlement purchase offers for your policy from among them.
Once you have accepted the highest purchaser offer from a licensed life settlement provider and entered into a life settlement agreement with it, that licensed life settlement provider will purchase your life insurance policy. When you receive your cash settlement, you are free to use these funds for anything that you wish!