Florida Life Settlement

Florida is the sunshine state, the embodiment of the retirement goal for many senior citizens nationwide.  The state is known for having the longest coastline in the contiguous United States, approximately 1,350 miles.  Its also known as the sunshine state, with most of the southern region of the state categorized as tropical, featuring warm weather the entire year. 

Many retired individuals living in Florida have been affected by the recession, the housing crisis, the extension of the Bush tax cuts, and are living longer, healthier lives.  Many find that the original reasons for which they might have purchased life insurance might have changed, and they now have life insurance policies, which they can no longer afford or no longer need.  Because the life settlement industry in Florida is highly regulated, it is important that you work only with licensed individuals.  Life settlements are a financial planning technique whereby a life insurance policy is sold for a lump sum cash payout to the policy owner, and in every case is more than what the insurance carrier would pay out if the policy were cancelled. 

There are many reasons why our senior clients choose life settlements in Florida:

• Policy coverage is more than is needed
• There are no more beneficiaries of the policy
• Enjoy gifting money to your children today
• Pay for long term medical care expenses
• You wish to pursue alternative investments
• Premium payments have become too expensive
• You want a large lump sum of cash now
• You want to improve your standard of living
• Settlements can be used to pay living expenses in a retirement home
• There is a charity you wish to donate to
• The total size of the estate has changed

Florida senior citizens usually cancel their life insurance policies without fully considering all alternatives.  Life insurance companies do very little to educate their policy owners about a life settlement because they benefit from cancellations.  However, life insurance policies often are worth more in the life settlements market. 

Opulen Capital works with financial professionals of all types in the great state of Florida.  Some of these example companies include:

• Tax Attorneys
• Estate Planners
• Life Insurance Brokers
• CPA’s
• Financial Advisors
• Accountants
• Financial Planners
• Other advisors representing the insurance needs of senior citizens. 

Opulen Capital helps clients in Florida with many types of insurance policies including Whole Life Insurance Policy Settlements, Variable Life Insurance Policy Settlements, Universal Life Insurance Policy Settlements, Term Life Insurance Policy Settlements, Survivorship Universal Life Insurance Policy Settlements, Key Man Life Insurance Policy Settlements, and Group Life Insurance Policy Settlements.

Some of the cities in Florida where Opulen Capital has helped clients with Life Settlements include Tallahassee, Jacksonville, Gainesville, Orlando, Tampa, Clearwater, St. Petersburg, Cape Coral, Palm Bay, Port Saint Lucie, Pompano Beach, Coral Springs, Fort Lauderdale, Miramar, Pembroke Pines, Miami Gardens, Hialeah, Miami, and Hollywood.