cardworks services collection agency merrick bank

Unlock Hidden Value in Your Life Insurance Policies with CardWorks Services Collection Agency Merrick Bank

The holiday season is a great time for reflection, and if you're taking stock of your financial situation, it may be worth considering the value of your life insurance policies. At CardWorks Services Collection Agency Merrick Bank, we specialize in helping clients unlock hidden value in their life insurance policies, creating a brighter future for their retirement years.

As part of our industry, we understand that life settlements can provide financial freedom and security to individuals who are no longer able to afford the premiums on their policies. Our team at CardWorks Services Collection Agency Merrick Bank has extensive experience in negotiating with buyers and securing top dollar for our clients' policies.

Recently, one of our clients, a healthy 70-year-old man, faced a crucial decision regarding his $1.5 million term policy that was set to expire. After exploring his options, he turned to us for expert advice. With an annual premium of $62,000 for a new universal life (UL) policy, he couldn't afford to convert it. In June 2020, CardWorks announced that Ally Financial was acquiring it for $2.65 billion.

Thanks to our swift negotiations and extensive buyer network, we were able to secure two offers from the same buyer, valuing the policy at $35,000 and $45,000. Ultimately, the client accepted a cash windfall of $45,000, which will supplement his retirement and allow him to indulge in travel plans.

CardWorks Services Collection Agency Merrick Bank is committed to providing our clients with expert advice and guidance throughout the process. We understand that time is of the essence when it comes to life settlements, and we work diligently to ensure a speedy sales transaction.

If you're considering exploring your options for a life settlement, contact us at 'phone number' or visit our website to learn more about how we can help you unlock hidden value in your life insurance policies. With CardWorks Services Collection Agency Merrick Bank, you can rest assured that you're working with experienced professionals who are dedicated to helping you achieve financial freedom and security.

Cardworks services collection agency merrick bank