The Settlement Group Inc.

12/25/2022

SGI Wishes you and your family a wonder and Happy Holiday! Merry Christmas!
We hope you take this time to make moments and memories with your family and friends

11/24/2022

SGI wishes everyone a Happy Thanksgiving! This is a special time to go and make some wonderful memories!
Grands enjoy your grandbabies!

On day 3 of the 30 days of thanksgiving, we are talking about grandparents. Grandparents have so much to do with who we are today, they teach us so much...

10/31/2022

Have a safe and happy Halloween from your friends over at SGI!

09/11/2022

Here at SGI we love our "Grand" people! Joe Lucent loves spending time with all of his grandbabies and SGI wishes A Happy Grandparent's Day to all their friends and family! Go ahead and spoil those grandbabies a lil extra today!

09/09/2022

Happy Friday from SGI!

09/05/2022

Happy Labor Day from SGI!

07/24/2022

SGI is ready to help when you need us!

07/22/2022

TGIF from your friends over at SGI!

07/17/2022

Beat the heat with a sweet treat! SGI celebrates national ice cream day today! Leave your favorite flavor in the comments and we will pick a winner to send a voucher for free ice cream cone!

07/13/2022

Let our reviews speak for themselves! If you are considering surrendering your life insurance policy- call SGI first!

07/10/2022

Enjoy your Sunday folks!

07/08/2022

What is a Life settlement?
A life settlement is the legal sale of an existing life insurance policy for more than its cash surrender value, but less than its net death benefit, to a third party investor. The investor assumes the financial responsibility for ongoing premiums and receives the death benefit when the insured dies. The primary reason the policyowner sells is because they can no longer afford the ongoing premiums, they no longer need or want the policy, to fund long-term care, increased medical costs, or they need money for other expenses. On average, the policyowner receives three to five times more than the surrender value for the policy. In a retained death benefit transaction, policyowners receive cash payments and their beneficiaries also receive a payment after the insured dies. After the transaction has closed, there are no future premium obligations Term, permanent, or whole life insurance policies qualify for life settlement. Most commonly, universal life insurance policies are sold.