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Oak Viatical Settlement Brokers, LLC

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Insurance, Financial Services

15 E Churchville Rd Ste 162, Bel Air, MD 21014

443-973-6891

CLOSED NOW: 
Today: 9:00 am - 4:00 pm
DETAILS

"Helping Seniors-Aged 70 years and older to Sell Their Life Policy for Cash"

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.
Hours
Regular Hours
Mon - Sat:
SunClosed
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
Data provided by one or more of the following: Thryv, Data Axle, Yext.