Oak Viatical Settlement Brokers, LLCAdd to Favorites
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Liberty Mutual Insurance
Serving the Bel Air area.
MAIF Insurance
3425 Branch Ave, Temple Hills, MD 20748
"Helping Seniors-Aged 70 years and older to Sell Their Life Policy for Cash"
- HoursOPEN NOW
- Regular Hours:
Mon - Sat Sun Closed - Phone:
Main - 443-973-6891
- Address:
- 15 E Churchville Rd Ste 162 Bel Air, MD 21014
- Categories
- Insurance, Financial Services
- Services / Products
- Representation of the Life Policy Owner to seek the Highest Value for their Life Insurance Policy to the Secondary Market.
- Location
- Personalized appointments at the client's residence would be the preferred meeting location. Serving All of Maryland
General Info
Viatical Settlement / Life Settlement - Selling of One's Life Insurance Policy for a Value Much Greater than its Surrender Value. Viatical - refers to those with a Chronic or Terminal illness Life - refers to those with a Healthy outlook Example of a Viatical/Life Settlement Policy Face Amount - $102,300 Policy Surrender Value - $4,600 Viatical/Life Settlement - $17,066 Note: Results may vary though a study commissioned by the Life Insurance Settlements Association (LISA) using data from 11 Life Settlement firms for 2004-2005 found that an average of 371% of surrender value was paid. Selling Your Life Policy May Provide For: * Delaying Your Entry to Medicaid - With Improved Planning, You May Maximize the Monies from Your Life Settlement to Minimize Your Out-of-Pocket Expenses. * Long Term Care (LTR) - Use Your Life Settlement to pay for your Long Term Care (LTR). In other words, you have an asset - (The sale of your Life Insurance Policy) that will pay your Long Term Care. * Independence - This one stands on its own. Through your Life Settlement, the financial return further assists your independence. * Pay Down Debt - With the monies received with your Life Settlement, you are free to use the monies for whatever you wish. * Improve Your Healthcare - Life Settlement gives Freedom to the Choice of Services, Level of Care, and Cash, if you so desire.