Life Insurance Settlements
Before letting a policy go, understand your choices.
If a life insurance policy no longer fits your needs or budget, explore the alternatives before deciding what to do with it. A settlement is a significant decision with consequences for you and your beneficiaries.
Who this may help: Policyowners reconsidering coverage, affordability, or the role an existing policy plays.
A useful place to start
Your policy details and the reason you are considering a change.
You do not need everything organized before reaching out.
MEL Financial Services
Alameda & Milpitas
Questions you may have
What is a life insurance settlement?
It involves selling an existing life insurance policy to a third party. The policy and your circumstances affect whether an offer may be available.
Is selling always the best option?
No. Compare alternatives and review tax and other implications with appropriately qualified professionals before deciding.
