Cash Awaits With Simple Life Settlement Sale Quote
Factors Influencing Life Settlement Payouts
Several factors determine the payout amount in a life settlement transaction. The most significant elements include:
- **Age and Health**: Older individuals or those with health issues often receive higher offers because the policy is expected to mature sooner.
- **Policy Type and Value**: Universal and whole life policies are generally more attractive to buyers than term policies unless the term policy is convertible.
- **Premium Payments**: Lower ongoing premium payments make a policy more attractive, increasing its market value.
According to industry data, life settlements can yield an average of 20% to 30% of the policy's face value1. However, individual offers can vary widely based on the aforementioned factors.