At Genesis Living Benefits Services, LLC, we are dedicated in assisting our Clients, realize the true Market Value of their unwanted, uneeded and unaffordable Life Insurance Policies, within a rapidly growing and exciting new industry referred to as the, Life Settlement Industry.
Life Settlements are also referred to as Senior Settlements or Viatical Settlements.
We, at Genesis Living Benefits Services, LLC are here to help you every step of the way! From the initial discovery of a need and a positive outcome, through the application process and the ultimate closing of the transaction, we are with you every step of the way!
We adhere to safe and sound business practices, including transparency, full disclosure, support of individual State licensing and NAIC recommended procedures.
What is a Life Settlement?
A "Life Settlement", is the sale of a Life insurance policy, in the secondary market, that is no longer wanted, no longer needed or no longer affordable.
"Life Settlements" are a revolutionary new way to unlock the true market value from life insurance policies that may be either lapsed or surrendered!
would you need a Life Settlement?
There are several instances where you could benefit greatly
from a Life Settlement:
- You are no longer able
to afford the premium of your current policy and would
otherwise just let it lapse.
- You need funds for
additional investments and long-term care.
- Your beneficiary is now
- There has been a
significant change in your estate size.
- The purpose for the
insurance put in place no longer exists.