Frequently Asked Questions

A life settlement is the sale of an existing life insurance policy to a licensed third-party buyer for more than the policy's cash surrender value but less than its net death benefit. It provides policyholders with a lump-sum cash payment in exchange for transferring ownership of the policy.

Every policy is unique, but Florida life settlement payouts often range from 10-40% of the death benefit, depending on your age, health status, policy type, and remaining premiums. Our team creates competitive bidding among multiple licensed institutional buyers to maximize your payout.

Yes. Florida has strong regulations protecting policyholders in life and viatical settlements under the Florida Life Settlement Act. Only licensed providers and brokers may purchase policies, ensuring transparency, fair dealing, and consumer protection throughout the process.

We represent you, the policy owner. Our fiduciary role means we never work for or get paid by the buyers. We act solely in your financial interest, creating competition among buyers to drive the highest cash offer for your policy.

A life settlement is typically for seniors age 65 and older with life insurance policies they no longer need. A viatical settlement is designed for policyholders facing a serious, chronic, or terminal illness who need immediate cash relief to cover medical expenses or improve quality of life.

Most life settlement cases close within 30 to 60 days from the initial application to final payment. The timeline depends on factors including the complexity of your policy, medical underwriting, and buyer response times. We strive to make the process as efficient as possible.

There are no upfront costs for a life settlement evaluation. Our initial consultation and policy appraisal are free with no obligation. If you decide to proceed with selling your policy, the costs are typically covered by the buyer, not you.