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Life Settlements

A new way to use an old asset to benefit Save-A-Pet.

As you move throughout life, your need for various financial assets changes. One asset whose usefulness changes the most is life insurance. Perhaps you purchased an insurance policy when your children were young and don’t want to face the increasing premiums. Or perhaps the people who meant something to you at one time and were beneficiaries are no longer in your life.

You can:

  • Continue paying premiums for a policy that you no longer need
  • Simply stop paying premiums and let the policy lapse (zero cash value)
  • Surrender the policy for accumulated cash value
  • See if you qualify for a life settlement and use the asset to make a valuable bestowal to SAVE-A-PET.

What is a life settlement?

A life settlement is a cash payment in excess of the surrender value for a life insurance contract that has become unneeded, unaffordable or is simply not meeting one’s expectation.

For those who qualify, your life policy can be sold via a life settlement, where it is converted into a valuable asset allowing for a significant bestowal to SAVE-A-PET.

These are actual examples of the financial gains people have realized after pursuing a life settlement and there are many more just like them.

  • A 64-year-old with an unwanted $1 million term face value policy that has no cash value if surrendered… it sold for $635,000.
  • An 84-year-old with an unwanted $10 million dollar universal life policy that would surrender for $60,000 … it sold for $1.8 million dollars.
  • A 77-year-old with an unwanted $5 million dollar universal policy that would surrender at $125,000 …. it sold for $750,000.

life settlement offers an alternative for those who want to discard unwanted policies and is a powerful way to put unwanted policies to good use

Learn More

Do you have an unwanted life insurance policy you’d like to turn in or maybe you just want to learn more. Contact Marc Ruskin, who will answer your questions, explain how this opportunity applies to your special situation and assist you every step of the way.

Marc Ruskin, ChFC, CLU, REBC, RHU
Mobile: (480) 221-1070
Email: ruskinmarc@aol.com