Monday, April 17, 2006

Life Settlement Broker Fee

Are there any fees involved in a life settlement?

Yes. A fee, commission, or other form of compensation is usually paid to the life settlement broker who negotiates a life settlement contract between the owner of the life insurance policy and the life settlement company.

However, this fee is not charged up front or before the settlement. This commission is usually agreed to come out of the settlement. A life settlement broker works with numerous life settlement companies to produce the highest offer for your policy. This increased payoff still can net the policy owner more after paying the commission.

If you have any questions, please call 1-888-973-8377 to speak with a life settlement broker.

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