Life Insurance Policy after sale

I recieved a few concerns from readers who thought that after a life settlement they still had to pay all the premiums or a fraction of the premiums. With a Life Insurance Settlemet, you transfer all obligations to the new owner. You no longer have to make premium payments. Q and A form below..

Q: What happens to the policy after I sell it?
A: All rights and obligations of the policy are transferred to the new owner. You will no longer be responsible for making premium payments on the policy, the new owner will continue the premiums. The new owner will also name a new beneficiary of the policy who will eventually collect the death benefit.

If have any specific questions, please email me or call 1-888-973-8377.