2006-08-22 09:06:21 · 5 answers · asked by yellowjacket 1 in Business & Finance ➔ Insurance
Are you referring to a viatical settlement? Typically, it will be an investor (a firm or individual) that will do this. Most insurance commissioners' offices keep lists of companies that are licensed or otherwise permitted to negotiate this transaction. Give them a call to see if this is available in your state.
2006-08-23 00:52:43 · answer #1 · answered by Suzanne: YPA 7 · 0⤊ 0⤋
There are a number of Life Insurance Companies that buy Life Insurance Policies in the secondary market. The best way to find out who is buying policies, is to contact a Life Settlement Broker like 1st Life Settlements in Orlando and ask one of their account executives for a list of their institutional buyers. If you are interested in selling a policy to an Insurance Company, tell the broker that you will only entertain purchase offers from Life Insurance Companies. That might limit the Institutions that might have an interest in your policy, but there is logic in that strategy--let the broker tell you about all your choices and then you decide.
Good Luck,
Grampy
2006-08-23 15:07:40 · answer #2 · answered by Anonymous · 0⤊ 0⤋
There are lots of companies that buy life insurance policies from individuals. Generally, these are not the life insurance companies themselves.
Contact me.
2006-08-22 09:33:40 · answer #3 · answered by insuranceguytx 5 · 0⤊ 0⤋
Coventry First.
2006-08-24 14:31:34 · answer #4 · answered by Erik G 1 · 0⤊ 0⤋
Try and see if they can help you out with your problem,
"http://www.dpbolvw.net/email-1961891-10425133"
2006-08-23 19:10:26 · answer #5 · answered by Anonymous · 0⤊ 0⤋