Life Settlements qualification is a no cost and no obligation procedure. Almost all life insurance policy types qualify. The policy (coverage) must have a minimum face amount of at least $100,000, and the policy must have been in force for a minimum of two years. (If you are looking for Term Life Settlements, in almost all cases, the policy must still be convertible).
The following are the types of policies that can qualify for life settlements:
- Universal life
- Survivorship
- Term
- Whole life
- Group life insurance (provided it is convertible)
- Key Man or COLI (Corporate Owned Life Insurance)
Policy can be owned by:
- An individual
- A trust
- A corporation
- A charitable organization
The application process is easy and just requires information about your location, insurance policy, and medical information. You do not have to complete a medical exam, and there is no cost required to find out if you qualify. Also, you do not have to reside in Massachusetts to qualify.
Life Settlements Services are offered throughout Massachusetts including, but not limited too: Boston, Abington, Acton, Acushnet, Adams, Agawam, Alford, Amesbury, Amherst, Andover, Aquinnah (Gay Head), Arlington, Ashburnham, Ashby, Ashfield, Ashland, Athol, Attleboro, Auburn, Avon, Ayer,Barnstable, Barre, Becket, Bedford, Belchertown, Bellingham, Belmont, Berkley, Berlin, Bernardston, Beverly, Billerica, Blackstone, Blandford, Bolton, Boston, Bourne, Boxborough, Boxford, Boylston, Braintree, Brewster, Bridgewater, Brimfield, Brockton, Brookfield, Brookline, Buckland, Burlington,Cambridge, Canton, Carlisle, Carver, Charlemont, Charlton, Chatham, Chelmsford, Chelsea, Cheshire, Chester, Chesterfield, Chicopee, Chilmark, Clarksburg, Clinton, Cohasset, Colrain, Concord, Conway, Cummington,Dalton, Danvers, Dartmouth, Dedham, Deerfield, Dennis, Dighton, Douglas, Dover, Dracut, Dudley, Dunstable, Duxbury,East Bridgewater, East Brookfield, East Longmeadow, Eastham, Easthampton, Easton, Edgartown, Egremont, Erving, Essex, Everett,Fairhaven, Fall River, Falmouth, Fitchburg, Florida, Foxborough, Framingham, Franklin, Freetown,Gardner, Gay Head (Aquinnah), Georgetown, Gill, Gloucester, Goshen, Gosnold, Grafton, Granby, Granville, Great Barrington, Greenfield, Groton, Groveland,Hadley, Halifax, Hamilton, Hampden, Hancock, Hanover, Hanson, Hardwick, Harvard, Harwich, Hatfield, Haverhill, Hawley, Heath, Hingham, Hinsdale, Holbrook, Holden, Holland, Holliston, Holyoke, Hopedale, Hopkinton, Hubbardston, Hudson, Hull, Huntington, Ipswich,Kingston, Lakeville, Lancaster, Lanesborough, Lawrence, Lee, Leicester, Lenox, Leominster, Leverett, Lexington, Leyden, Lincoln, Littleton, Longmeadow, Lowell, Ludlow, Lunenburg, Lynn, Lynnfield,Malden, Manchester-by-the-Sea, Mansfield, Marblehead, Marion, Marlborough, Marshfield, Mashpee, Mattapoisett, Maynard, Medfield, Medford, Medway, Melrose, Mendon, Merrimac, Methuen, Middleborough, Middlefield, Middleton, Milford, Millbury, Millis, Millville, Milton, Monroe, Monson, Montague, Monterey, Montgomery, Mount Washington,Nahant, Nantucket, Natick, Needham, New Ashford, New Bedford, New Braintree, New Marlborough, New Salem, Newbury, Newburyport, Newton, Norfolk, North Adams, North Andover, North Attleborough, North Brookfield, North Reading, Northampton, Northborough, Northbridge, Northfield, Norton, Norwell, Norwood,Oak Bluffs, Oakham, Orange, Orleans, Otis, Oxford, Palmer, Paxton, Peabody, Pelham, Pembroke, Pepperell, Peru, Petersham, Phillipston, Pittsfield, Plainfield, Plainville, Plymouth, Plympton, Princeton, Provincetown, Quincy, Randolph, Raynham, Reading, Rehoboth, Revere, Richmond, Rochester, Rockland, Rockport, Rowe, Rowley, Royalston, Russell, Rutland, Salem, Salisbury, Sandisfield, Sandwich, Saugus, Savoy, Scituate, Seekonk, Sharon, Sheffield, Shelburne, Sherborn, Shirley, Shrewsbury, Shutesbury, Somerset, Somerville, South Hadley, Southampton, Southborough, Southbridge, Southwick, Spencer, Springfield, Sterling, Stockbridge, Stoneham, Stoughton, Stow, Sturbridge, Sudbury, Sunderland, Sutton, Swampscott, Swansea, Taunton, Templeton, Tewksbury, Tisbury, Tolland, Topsfield, Townsend, Truro, Tyngsborough, Tyringham, Upton, Uxbridge, Wakefield, Wales, Walpole, Waltham, Ware, Wareham, Warren, Warwick, Washington, Watertown, Wayland, Webster, Wellesley, Wellfleet, Wendell, Wenham, West Boylston, West Bridgewater, West Brookfield, West Newbury, West Springfield, West Stockbridge, West Tisbury, Westborough, Westfield, Westford, Westhampton, Westminster, Weston, Westport, Westwood, Weymouth, Whately, Whitman, Wilbraham, Williamsburg, Williamstown, Wilmington, Winchendon, Winchester, Windsor, Winthrop, Woburn, Worcester, Worthington, Wrentham,Yarmouth, and all of Massachusetts.
