Coventry Direct

Hzefam

Dryer sheet wannabe
Joined
Mar 1, 2014
Messages
17
Location
Orlando
Anyone have an experience selling a term life insurance policy for a “life settlement” similar to what Coventry Direct promotes?
 
Hmmm, haven't heard of this before. My take is they are buying the policy from you and become the beneficiary?
 
I have seen the ads. While I am not certain what they are doing, I suspect they will only be interested in a term policy if the insured has been diagnosed with an incurable malady. They would simply be advancing the death benefit. Obviously, they will take a hefty fee, similar to a viatical. But, once again, I am only guessing.
 
Last edited:
Back
Top Bottom