Unfortunately, most Canadians are not aware of the full range of options for dealing with a life insurance policy that is unneeded or impractical to their immediate life circumstance. In many cases, uninformed consumers decide to stop paying premiums and void their insurance contract altogether, or they surrender their policy to their life insurance carrier in return for a small cash surrender value. Thousands of these concessions are made by Canadians every year, and it results in millions of dollars in lost face value that will never be paid out. Is it any wonder that insurance companies would prefer that you lapse your policy in your senior years? In such situations, the insurance companies receive something for providing nothing in return.

Canadian Life Settlements offers innovative financial solutions for individuals who wish to exit their life insurance policy during their lifetime. In most cases, these options will provide a significantly better financial outcome for disposing of your insurance assets than the alternatives of halting premium payments or cashing in the policy with the financial institution providing coverage. Let’s explore together how you and your family can benefit from your life insurance policy, today.