Life Settlements

A life settlement is the sale of a life insurance policy covering a person who has a limited life expectancy -- normally 10 years or less. It presents a unique opportunity to extract the maximum value of a Senior’s existing life insurance policy and repurpose those funds for whatever financial needs they may have. Until recently, the owner of an unneeded or unwanted policy had two options – sell the policy back to the institution that issued it for its cash surrender value (if any) or allow the policy to lapse. By utilizing the services of Mercer Financial Group, Inc. your life insurance policy will be submitted throughout the secondary market. Each new offer generated through this process results in more money for your policy.

Mercer Financial Group, Inc. will broker an existing policy for an amount greater than the policy's cash surrender value, or greater than the amount the policyowner would receive if they choose to allow the policy to lapse. In most cases, the policy being considered for sale is not performing to the expectations of the policyholder. Sometimes, the original need for the policy has changed, and the premiums to keep it current have become a financial burden. *This option should be considered whenever you are over the age of 65, or with significant health challenges, and are considering surrendering or lapsing a life insurance policy. Learn how you can benefit by allowing Mercer Financial Group, Inc. to provide a FREE NON-BINDING APPRAISAL of any life insurance policy today.