Financial Option for Cancer Patients

cancer, life settlementsSevere medical conditions can put a burden on your family’s financial health. The reason why you invested in a life insurance policy was to help your family if you happened to pass away. It’s likely that now your children are grown and out of the house but you are in need of financial assistance.

Did you know that you can sell your existing life insurance policy for cash?

If your circumstances have changed or you can no longer afford the expensive premiums due to medical bills, it’s time that you had your life insurance policy work for you instead of against you. In the past, your only option was to surrender your life insurance policy back to the insurance company for whatever cash value remains or nothing at all, but that is no longer the answer.

Selling your life insurance policy is the better solution

Little did you know that in 1911 the Supreme Court decided that a person could legally sell their life insurance policy while they were still living. Most recently, several states have added to their legislature that a special disclosure must be given to consumers who are about to give up their policy. These changes are for your protection so you can get the most out of your life insurance policy.

You never know, you may be eligible for up to 80% of the face amount of the policy within a few weeks. That money is yours, and you never have to pay it back. Think of the possibilities!

Most importantly, you can use those funds to assist you and your family to pay for treatments – even natural and alternative treatments. You have the freedom to do what you want.

How can a life settlement help me during this challenging time?

Filial Responsibility Laws, cancerBoth men and women have a 1 in 3 chance of getting cancer according to the American Cancer Society. When you add medication, treatment, doctors visits, and surgeries together, it can get expensive. Health insurances costs are on the rise which means medical costs are on their way up as well. Unfortunately, those facing late-stage cancer might be at the end of their financial rope and need a little relief. What you probably did not know is that selling your life insurance policy is the answer you’re looking for. Your policy is money that belongs to you. It’s time to use it for your well-being.

According to the American Cancer Society, roughly $87.8 billion was spent in 2014 on cancer- related health care. Patients paid approximately $4 billion out of pocket which means if you or a loved one is diagnosed with cancer, you could expect to spend $25,000-$30,000. These numbers are alarming. Most of the time cancer patients let their life insurance policies lapse because they can no longer afford the premium. Many are not aware that they can sell their policy before its too late and use that money for treatment.

Trust Life Settlements has a solution. Trust Life is an A Rated Better Business Bureau Settlement provider with decades of experience to help you and your family through a financially difficult time. Do not surrender your policy or let it lapse. Get the financial assistance you need today by selling your policy to get life-saving medical care.

Find out if you qualify by filling out this form here or contact us at 1-800-216-2513. Trust Life Settlements wants you to keep what’s yours. Contact us today!

Other Resources

American Cancer Societyconsumer resources

When a loved one is diagnosed with cancer, it can be a confusing time as you and your family may be inundated with tons of information. The American Cancer Society explains how life insurance (e.g., life settlements) can be used to help pay for cancer treatment.

consumer resources

Life Insurance for People with Cancer

There is still hope when your insurance company refuses coverage when you or a loved one is diagnosed with cancer. This article on QuoteWizard.com explains how the value of life insurance policies can be used to pay for cancer treatment, such as with viaticals or life settlements.