Discover the Secret to Unlocking
Hidden Wealth in Your Life Insurance
Policy!
Are you aware that there’s a powerful financial tool available to you that could potentially transform your financial situation and secure your future?
Your life insurance policy can serve you beyond its original purpose. You can sell it for a one-time payment, exceeding what your insurance company offers. You also have the option to borrow against it or even finance your ongoing premiums. These options can offer you immediate relief and flexibility.
Discover
Turn a Financial Burden into a Valuable Asset
Maximize Your Policy’s Value
Flexible Options for All Policy Types
Simple and Streamlined Process
Reford’s Journey: Turning a Policy into Prosperity for Retirement
A Life Settlement unlocked the value from his life insurance for a brighter retirement
Meet Reford MacDougall, a celebrated Quebecer and Order of Canada recipient. Facing the realities of a long retirement and the sting of inflation, Reford turned to Canadian Life Settlements. With us, he transformed his life insurance from a forgotten expense into a valuable asset, freeing him from costly premiums and enhancing his lifestyle.
Reford’s story isn’t just about financial gain—it’s about making empowered choices with lasting impacts. Canadian Life Settlements brought understanding, transparency, and care to his experience, proving that a life settlement can be more than a transaction; it can be a lifeline.
Hear how Reford redefined his retirement, providing a blueprint for other seniors seeking financial freedom.
Apply to get your policy valuation!
Requirements
- You must have one or more life insurance policies with a total death benefit (face value) of at least $100,000.
- You must be either over the age of 70, or under age 70 and believe that you have a serious medical issue that will significantly impair your longevity.
Step 1: Enter Your Contact Information
All your information and answers will be kept strictly confidential and will not be shared with any non-authorized third parties.
Need help?
Call us: (438) 801-2611
Toll free: (866) 888-5456
Mon – Fri: 9.00 am – 5.00 pm
Or email us at info@canadianlifesettlements.com
Head Office:
4388 rue Saint-Denis Bureau 200,
Montréal, Québec
H2J 2L1
Looking for More Information on Life Settlements and Life Advances in Canada?
Discover everything you need to know about monetizing your life insurance policy in our comprehensive Learning Centre
Any questions left?
FAQs
The amount Canadian Life Settlements will pay you is based on several factors, including:
- The projected life expectancy of the insured
- The net death benefit of the life insurance policy
- The projected amount of remaining life insurance policy premium payments
- The type of policy and specific life insurance company
In most cases the amount Canadian Life Settlements will advance is considerably higher than the Cash Surrender Value that will be offered by your insurer, but is less than the policy’s death benefit.
There are several stages to the process. Generally, the Canadian Life Settlements process can provide you with a formal offer letter within five days of receiving a completed application and a verification of the eligibility and details of your life insurance policy.
Once you accept the offer, we will need to either change the life insurance policy’s ownership and beneficiary status to Canadian Life Settlements or, collaterally assign the policy to Canadian Life Settlements. This part of the process can take four to six weeks. Once confirmation is received from the life insurance carrier, we can generally advance funds within two business days.
Once approved and processed, you will receive your advance either in a lump sum by cheque or wire to your bank, or periodic payments if that’s what you prefer with direct deposit to your bank account.
Canadian Life Settlements offers a hassle-free program with zero application fees or extraneous expenses. An upfront fee is only required if medical underwriting is necessitated, but rest assured, this cost is fully reimbursed upon the successful completion of your life settlement transaction.