Annuity and Pension buy out

Selling Annuity or Pension FAQ

Frequently Asked Questions

The moment you decide you have a need for cash, complete the online quote form. We will then make you an offer, and if you accept, you will go through the application process and your annuity or pension will be reviewed by our staff. After the review, we will facilitate the purchase of your annuity income stream by locating a buyer by way of our Advisor base. The entire process may take from 2 to 6 weeks. We are looking forward to hearing from you.

What is the Minimum Monthly Payment Amount Accepts?

• The minimum monthly payment stream is $535 per month.

• There is no maximum.

Do I need to have a Life Insurance policy to sell my Pension Income Stream?

Yes, you will. Most pension are "Life Contingent." This means that the pension will pay the person for as long as he or she is alive. If the seller of the pension income stream dies, the income stream is no longer obligated to pay it out. By having a life insurance policy, if the seller dies before all the payments have been paid, the buyer will be paid the face amount of the life insurance policy, as the policy's beneficiary. We will assist you with acquiring low-cost life insurance.

Do I need to have a Life Insurance policy to sell my Annuity Income Stream?

You may or you may not. If you have a "Period Certain" annuity, or an annuity that only pays for example 8 years, 10 years or 20 years and then stops, you will NOT be required to have Life Insurance.

If you have an annuity that pays you monthly payments for the rest of your life, you will be required to have Life Insurance. This is because, if the annuity-seller (you, in this case) passes away, all payments to the new buyer of your annuity will stop. A life insurance policy helps us protect the integrity of our relationship with you and pays the remaining payments owed to the buyer of your annuity. Our financial partner pays half the cost of your life insurance. We will explain this further to you. If you have a lifetime annuity, our offices will assist you with life insurance, quickly and efficiently.

• If you have a "Period Certain" annuity, you will not be required to have Life Insurance.

How much will I be paid for my annuity?

The short answer is "it depends." Each time our staff evaluates an annuity, we use a purely mathematical formula to help us define the present value of your future dollars.

Consider this example:
You would like to sell future annuity payments worth $96,000, and our sources offer you $50,000 in cash today. This money provides immediate value to you, while™'s sources will not break even for almost five years. For our sources, it is a long-term investment, and we assist buying it from you by exchanging our present dollars for your future dollars.

What types of annuities do you purchase?

We facilitate the purchase of Single Premium Immediate Annuities. The minimum monthly payment stream that we can consider is $535 per month.

Is there anything that could disqualify me?

If you are concerned that you may not qualify for our services, please contact us via the Contact page.

How long does it take to receive funds?

This process can take as little as two weeks, but may take as much as six weeks. Most income streams require an assignable Term Insurance Policy that protects the Buyer. We assist you with this. Although, you have the right to find a low-cost Term Insurance policy on your own. However, if you do, please make sure it is Collaterally Assignable, or we cannot use it.

Based on past performance, we can sell your case, if it qualifies. However, this is not a guaranteed service. Various factors could possibly make your case not sell within a reasonable time-frame. The market, economy, interest rates, the strength of your income stream provider and overall desirability of your income stream all may play some part in the sale of your income stream. We cannot guarantee a time-frame of when your income stream will be sold.

What is the Minimum Net Monthly Amount Accepted?

$535 minimum Net monthly payments, or $6420 per year minimum.

Want to Find Out How Much You Can Get?

Get started right away by submitting our online No-Obligation Annuity or Pension Buy-Out request.

Get the Cash You Need Quickly!

»Contact us online or call us at 1.855.209.7088 – Ext. 101 today.

Single annuities and pensions only