Policy Owner
[vc_row full_width=”stretch_row” css=”.vc_custom_1473752602817{background-image: url(https://www.magnalifesettlements.com/wp-content/uploads/2016/09/woman_smile.jpg?id=1307) !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}” el_class=”di_woman_smile_wrap”][vc_column][vc_raw_html]JTNDZGl2JTIwY2xhc3MlM0QlMjJ0aW9fc2xpZGVyX3RleHQlMjBkaSUyMiUzRSUwQSUyMCUyMCUyMCUyMCUzQ3N0cm9uZyUzRUNIQU5HSU5HJTIwVEhFJTIwV0FZJTNDJTJGc3Ryb25nJTNFJTIwJTBBJTIwJTIwJTIwJTIwJTNDc3BhbiUzRVlPVSUyMFRISU5LJTIwQUJPVVQlMjBJTlNVUkFOQ0UlM0MlMkZzcGFuJTNFJTIwJTBBJTNDJTJGZGl2JTNF[/vc_raw_html][/vc_column][/vc_row][vc_row full_width=”stretch_row” el_class=”di_tabs” css=”.vc_custom_1473353867130{background-color: #787878 !important;}” el_id=”own”][vc_column][vc_tta_tour active_section=”1″ title=”POLICY OWNER” css=”.vc_custom_1473156315671{background-color: #ffffff !important;}”][vc_tta_section title=”What is a Life Settlement” tab_id=”life-settlement”][vc_column_text]A Life Settlement is the sale of a life insurance policy to a third party for a value in excess of the cash surrender value, but less than the death benefit
Life Settlements represent an important solution for a growing number of people who thought they were stuck with a life insurance policy they no longer need. Many people do not realize a life insurance policy is their personal property and can be sold.
- The seller receives cash
- The buyer pays all future premiums
- The buyer receives the death benefit upon the death of insured
[/vc_column_text][/vc_tta_section][vc_tta_section title=”Who Qualifies for a Life Settlement” tab_id=”1473236028692-e049b4ef-aee5″][vc_raw_html]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[/vc_raw_html][/vc_tta_section][vc_tta_section title=”What is the Process” tab_id=”process”][vc_column_text]
Estimate Policy Value
Provide Basic Policy Information
Submit Application
Furnish Insurance Policy Illustration
Accept Formal Offer
[/vc_column_text][/vc_tta_section][vc_tta_section title=”How Much Is My Policy Worth” tab_id=”worth”][vc_column_text]Magna Life Settlements prices policies using a proprietary actuarial formula. There are more than 20 factors considered when generating an offer on a policy. Three of the top factors used in evaluating a policy include the face amount (death benefit), the amount of premiums due each year on the policy, and the life expectancy of the insured. Every policy and insured is unique which makes it impossible to estimate the value of a policy without an application, medical questionnaire, and in-force illustration.[/vc_column_text][/vc_tta_section][vc_tta_section title=”Estimate My Policy Value” tab_id=”qualify”][vc_column_text]
[/vc_column_text][/vc_tta_section][vc_tta_section title=”Sell My Policy” tab_id=”sell”][vc_column_text]The first step in the process is determining if a life settlement is a viable option for your policy. The items we need in order to evaluate your policy are an application, a medical questionnaire, and an in-force illustration. Once all three requirements are received, Magna will evaluate your policy and determine a possible range of offers. The initial evaluation will take 5 – 7 business days.[/vc_column_text][/vc_tta_section][/vc_tta_tour][/vc_column][/vc_row][vc_row el_class=”di_wrap_bam di_wrap_bammax”][vc_column el_class=”di_qwe”][vc_row_inner el_class=”di_bamba” css=”.vc_custom_1473269109969{background-color: #e5e5e5 !important;}”][vc_column_inner el_class=”di_bambaleyla” width=”1/3″][vc_single_image image=”1265″ img_size=”full” alignment=”center” el_class=”di_bamb_image”][vc_column_text el_class=”di_bamb_text”]APPLICATION
Download Application[/vc_column_text][/vc_column_inner][vc_column_inner el_class=”di_bambaleyla” width=”1/3″][vc_single_image image=”1266″ img_size=”full” alignment=”center” el_class=”di_bamb_image”][vc_column_text el_class=”di_bamb_text”]MEDICAL PRE-SCREEN
Request Medical Interview[/vc_column_text][/vc_column_inner][vc_column_inner el_class=”di_bambaleyla” width=”1/3″][vc_single_image image=”1264″ img_size=”full” alignment=”center” el_class=”di_bamb_image”][vc_column_text el_class=”di_bamb_text”]ILLUSTRATION
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