November 22 Program: Susan Lubin of Integrity Life Settlements spoke on turning life insurance into cash.

Jill Gregg (left) introduced Susan Lubin of Integrity Life Settlements. Susan helps people who own a Life Insurance Policy sell the policy for cash. There is a Live Settlements Market that buys and sells Life Insurance Policies.

Some policy holders find that they no longer want the policy and would rather have the cash value of the policy. Life Settlement is an alternative to asking the insurance company for the cash value. This can result in the policy holder receive more cash than the “cash value” offered by the insurance company.

Today, an estimated $5 billion of life insurance policies are sold through the Life Settlements market each year.

The process involves many factors which potential sellers should examine before taking this step. Susan handed out literature explaining the process. Click here to go the Integrity Life Settlements website and learn more.