Abacus Life Settlements was founded in 2004, and is a licensed buyer and provider of life settlements. The company strives to respond to the needs seniors who may be in the market to sell their life insurance policies for a settlement that is greater than the cash value to be received if it is surrendered.
Abacus Life Settlements purchases the policies, and becomes responsible for all future payments of premiums. In turn, the company stands to receive the death benefit of the policy when it is paid. The company’s endurance, ingenuity, and innovative approach has helped it to stand apart from the competition and meet the demands of clients in the marketplace.
Are there any fees involved?
|Unclear; check with an agent to be sure|
Is it easy to get started?
|Yes, simply call or go online|
Ease of access
|Agents are available|
What ages qualify for services?
|Clients can qualify at any age depending on the severity of impairment|
Does the company offer estimates?
|Abacus Express can generate an estimate within 24 hours|
Is the company well established?
|Yes, the company was founded in 2004|
Are there online tools available?
|The company provides a Simple Qualifier and Settlement Estimator tool|
Is the company a direct buyer of life settlement policies?
|The company is a direct buyer and life settlement provider|
Is the company accredited?
|Yes, and it maintains an A+ rating with the BBB|
What if I change my mind?
|All sales are final once paperwork is signed|
During the most recent economic downturn, many retirement plans were dissolved as a means of survival. Although the market is recovering slowly, many find that they simply didn’t have adequate retirement savings to begin with, and are looking for ways to recover financially. Abacus Life Settlements realizes that selling a life insurance policy may not be the right solution for each client. For this reason, the company is committed to providing you with the insight you need to make informed decisions regarding your circumstances and life insurance policy.
With a full balance of product offerings, AbacusLife Settlements can undoubtedly accommodate practically any life settlement. If you determine that selling your policy is an optimal choice, Abacus Express can generate an offer in two hours or less. Additionally, contracts will be delivered in 48 hours or less, with funds confirmed in a third-party escrow account.
If you are unsure if this option will suit your needs, you can submit your information through the website and a professional will assist you with a free, no-obligation consultation.
Abacus Life Settlements provides simplified underwriting, which allows the company to deliver a faster turnaround time based on a number of factors, including your medical history. During the underwriting process, a 20-minute medical interview is conducted by telephone. The results of the interview are submitted into an advanced analytics system to determine an accurate mortality evaluation. The evaluation allows you to obtain an offer based on your individual medical impairments.
The entire process is completed in a fraction of the time it takes other companies in the industry. The health-driven calculations and evaluation are free, performed in realtime, and can save you an immense amount of time, money and stress.
A life settlement provides seniors a sensible solution for a policy they may no longer have a need for, or can no longer afford.Abacus Life Settlements offers a convenient option that makes sense to those who may find themselves in economical financial straits. There are a variety of needs that motivate seniors to sell their policies, including: medical expenses, long-term care, cash needed to pay off other debts, and funds needed for retirement.
Abacus Life Settlements is a respected and long-term member of the Life Insurance Settlement Association (LISA). The company adheres strongly to its ethics, and is committed to doing its part to bring awareness to life settlements and alternative solutions. The company maintains a nearly perfect review rating, which reflects its multitude of satisfied clients.
Frequently Asked Questions:
What is the face value range that the company can purchase?
Abacus Life Settlements reassures its clients that it can likely assist regardless of their policy’s face value. The company is in the market of purchasing life insurance policies with face values as high as $50 million, as well as policies with face values as low as $100,000.
What type of life insurance policies does the company purchase?
The company purchases most types of life insurance and term policies.
What decision timeframe does the company provide?
Abacus Life Settlements can provide an offer in a timeframe that exceeds the industry’s standard. Its exclusive 24-hour pricing makes Abacus the right choice if your goal is to finish your settlement process quickly. In some special circumstances, decisions can be delivered even faster.
Overview: Abacus Settlements assists seniors in converting life insurance policies into immediate funds to help deter financial hardships.
Package Details: N/A
Optional Accessories or Add-on Services, if any: N/A
Contract Details: N/A
Accreditations: Abacus Life Settlements has an accredited business profile with the Better Business Bureau and maintains an A+ rating.
Company Details: Headquartered in Orlando, Florida, Abacus Life Settlements has been a distinguished provider of life settlements since 2004. The company consistently ranks in the top five in the industry.
Abacus Life Settlements
2101 Park Center Drive
Orlando, Florida 32835