Call Today: Phone1-888-996-2475

ESTIMATED LIFE SETTLEMENT CASH VALUE

$xxx

Based on your answers, we estimate a life settlement of $xxx is likely.
This is not a binding offer and your offer may vary according to your circumstances.

TALK TO A LIFE SETTLEMENT SPECIALIST

Schedule a call with a life settlement specialist and find out if you’re qualified for a life settlement.

Year of Birth XXXX
Death Benefit XXXX
Difference in Health Status XXXXXX
START THE PRE-QUALIFICATION PROCESS

Ready to start the pre-qualification process now? Take our short quiz to see if you qualify for a life settlement.

By proceeding, you agree to our Terms of Use and Privacy Policy. We promise not to share or sell your personal information outside of Magna Life Settlements or its related entities.

Life Settlement FAQ

Why should I consider a life settlement?
Many seniors are paying premiums on life insurance policies they no longer need or want while at the same time the expenses associated with retirement years are mounting. A life settlement provides a solution for both of those issues with one transaction.

How do I know if I qualify for a life settlement?
Start with Magna’s simple calculator to determine if a life settlement might be a good fit for you. If the results are favorable, a consultation with a Magna representative will direct you through the next steps to assess your specific situation.

How will Magna come up with a price for my policy?
Our experienced representatives consider the price of premiums, the structure and type of your policy and the health and medical history of the insured to come up with the best possible offer for your life insurance policy.

What types of insurance policies are best suited to life settlements?
Most policies sold in life settlements are universal policies, but term life insurance can often be converted to more permanent policies and sold for a cash windfall.

What types of medical information will the provider need to offer a life settlement?
As part of the life settlement process, a consumer completes a medical questionnaire and a health interview with a Magna representative, and he or she also gives Magna permission to access medical records for an accurate assessment of the individual’s life expectancy.

Are there situations where life settlements aren’t the best option?
Generally speaking, when a policy holder is more medically impaired than the original policy projected, a life settlement is an excellent option. There are some situations, particularly those in which an individual is healthier than anticipated or the policy wasn’t highly rated at the time it was issued, when a life settlement is not the best choice for an unwanted policy.

How long will the process take?
If you fill out our life settlement calculator today and schedule a meeting with a Magna representative, we will direct you to fill out the paperwork, we will gather the pertinent information and we should be ready with an offer in one to two weeks.

What will happen to my life insurance policy?
After the settlement transaction, the buyer pays all future premiums and receives the death benefit upon the death of the insured.

What if my insurance agent has discouraged me from pursuing a life settlement?
Any life insurance agent with a client’s best interests in mind should disclose the life settlement option, and more and more states are passing laws requiring such disclosure. Consumers have the right to comprehensive information about their financial and insurance options.


Thank you for submitting your request!

Our dedicated team is reviewing your information and will contact you shortly to discuss life settlement options and next steps.

Thanks for calculating your policy value with us

Let’s discuss your life settlement options and next steps. Please enter your email. We will not sell or disclose your information.