Opulen Capital Life Settlement: When Life Settlements Make Sense

Too many seniors today are facing an impossible situation – low or no health care, high out-of-pocket deductibles, and the threat of needing long-term care that they can’t pay for. In the past some have opted to sell their homes and scale down in order to afford soaring health care costs. While many seniors had hoped to move into assisted living facilities using the proceeds from their home’s sale, that option has become a struggle between what they need to get from their home sale and what the current market price is. With a real estate market in flux and an economy that’s seen better days, today’s seniors have fewer options and much more to worry about.

Is this a good scenario for a life settlement agreement? In some cases, yes. Because life settlement products are not attached to the economy directly, life settlements will offer a more recession-resistant price for the seller. Also, life settlement funds are guaranteed, so there is little risk beyond the initial negotiation point. But know that buyers’ yields have risen given the current economic climate. (For more information on buyers’ yields, Email us or call 877-Opulen 1 for more guidance on life settlements, life settlement agreements, and the latest life settlement market conditions.)

Still, life settlement agreements could be the answer. In fact, some senior living centers already offer the life settlement option to clients looking to relocate into assisted living or retirement communities. Teaming with life settlement brokers, facilities will offer the life settlement arrangement as one financing option potential residents can utilize.

Most life settlement agreements offer policy holder/sellers a lump-sum payment that is greater than the policy’s surrender value (typically twice the value) but less than the death benefit. Depending on the policy holder’s specific health history, payment history, and policy face value, a life settlement could provide the necessary money to help seniors move into long-term care or assisted living and retirement communities without the added burden of dealing with an uncertain housing market and lower returns on the sale of their homes.

Also, policy holders are not limited in how they use the funds received from a life settlement. Proceeds can be used for retirement homes in resort areas, vacation travel expenses, anything. Unlike bridge loans, which are specifically designed to provide funding for community-based care, life settlements have much more flexibility in how the policy holder uses the funds. However, policy holders should weigh carefully the benefits of life settlements versus the payout and need for the additional cash.

Located in La Jolla, California, Opulen Capital is a specialized financial services firm focusing on products and services tailored for senior citizens. Opulen Capital is one of the leading firms offering Life Settlement opportunities for high net worth clientele. We leverage unrivaled experience and exclusive relationships in the life settlement marketplace to structure, obtain, and sell life insurance products to maximize cash profits for our valued clients. Opulen Capital’s mission is to continue to provide the best solutions for our clients through the highest level of integrity and service. For more information, visit our website at http://www.OpulenCapital.com or call Opulen at 877-OPULEN-1 (877-678-5361)