Ben Mohr LLC Breaks Down the Life Settlement Process

The sale of life insurance policy is referred to as a life settlement.

During the transaction of a life insurance policy, the then life settlement transaction, the life insurance policy owner sells ownership of their policy for cash. Oftentimes Ben Mohr LLC and his team see a reduced interest rate.

Policyholder Discovery Phase

The policyholder usually determines they no longer want their current life insurance policy when 1 of 4 things occurs:

1. They realize they no longer need their life insurance

2. They have been overwhelmed with additional expenses

3. They realize the monthly premium is something more than they can afford

4. They no longer have their beneficiaries

5. 
   

This is when Ben Mohr LLC and his team step in to help their clients determine available options.

Once Ben Mohr LLC and his clients sit down - they do a full evaluation of the current policy by analyzing their current life insurance policy. In this stage, Ben Mohr feels it’s important that his clients recognize policies as sabable asset by walking them through the criteria for their Return on Investment (ROI) as well as investor safety - the ability to safely make an investment without losing out on your return.

Ben Mohr LLC & Team Provide a Full Assessment

Phase II of the Life Settlement process, after Ben Morh LLC and his team have insured there’s no existing liens or current loans on the life insurance policy, is to evaluate the policy and order medical and life expectancy reports.

Life expectancy reports are based on your current medical records and the average amount of years any person in a particular geographical region will live. Global life expectancy in 2016 was 72 years old.

Once your life expectancy and medical reports come back - Ben Morh LLC and his team are able to make a case for what your current policy is worth and present to potential investors. Ben Mohr LLC makes sure your Life Policy is negotiated for a higher value.

Turning a Life Insurance Policy into a Life Settlement

Similar to the transaction of your home - there will be a few renditions of changes and confirmations. Once everything is buttoned up, Ben Mohr LLC sends off the written confirmation and the distribution of funds from the settlement is now yours!

Ben Mohr is known in California as one of the top Life Settlement agents in the state for his due diligence in making sure you’ll receive top dollar for your policy. Ben Mohr’s has helped his clients receive millions in maturity payouts and sometimes 4x what they initially invested.

Put Ben Mohr LLC and his team to work for you today. You won’t be disappointed.