Find a Licensed Life Settlement Broker in Fort Lauderdale You Can Trust

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When it comes to selling your life insurance policy, having the right guidance is critical. A licensed life settlement broker in Fort Lauderdale can help you navigate the complex process, connect you with reputable buyers, and ensure you receive the maximum value for your policy. That’s where Summit Life Insurance stands out — offering professional expertise and personalized service to Florida residents seeking life settlement solutions.

What Is a Life Settlement?

A life settlement is the legal sale of your life insurance policy to a third-party buyer for a cash lump sum. The payout is typically higher than the policy’s surrender value but lower than the death benefit. After the sale, the buyer takes over premium payments and receives the death benefit when the policy matures.

This option is ideal for seniors in Fort Lauderdale who no longer need coverage, can’t afford the premiums, or want to free up cash for retirement or healthcare expenses. With the help of a licensed life settlement broker, you can sell your policy confidently and securely.

Why Work with a Licensed Life Settlement Broker?

Choosing a licensed life settlement broker in Fort Lauderdale ensures you’re working with someone who is regulated by state law and held to high ethical standards. Brokers are legally obligated to act in the policyholder’s best interest, unlike providers who represent the buyer.

Benefits of working with a broker include:

  • Access to multiple life settlement providers and institutional buyers

  • Increased competition, often resulting in better offers

  • Expert policy valuation and negotiation

  • Guidance on paperwork, compliance, and tax implications

  • Full transparency throughout the process

At Summit Life Insurance, our licensed brokers act solely on your behalf — helping you understand every offer and advocating for your financial future.

Summit Life Insurance: Fort Lauderdale’s Trusted Life Settlement Experts

As a leading licensed life settlement broker in Fort Lauderdale, Summit Life Insurance offers comprehensive services to policyholders throughout South Florida. We understand that every policy and financial situation is unique, which is why we tailor our approach to your specific needs.

Whether you’re looking to sell a term policy, whole life, or universal life insurance policy, our experienced brokers are here to provide honest advice and optimal results.

Who Qualifies for a Life Settlement?

You may qualify for a life settlement if:

  • You are age 65 or older

  • Your policy has a death benefit of at least $100,000

  • Your health has declined since the policy was issued

  • You own a permanent policy or a convertible term policy

  • You no longer need or want your life insurance coverage

Our team at Summit Life Insurance offers free policy evaluations to determine if a life settlement is a good fit for your circumstances.

The Life Settlement Process with Summit Life Insurance

At Summit Life Insurance, we make the process simple, secure, and stress-free:

1. Initial Consultation

You’ll speak with a licensed life settlement broker in Fort Lauderdale to determine your eligibility and discuss your goals.

2. Policy Valuation

We analyze your policy’s terms and your medical history to estimate its market value.

3. Shopping the Market

Your broker presents your policy to a network of buyers to generate multiple competitive offers.

4. Review & Acceptance

We walk you through the offers, answer your questions, and help you choose the most favorable one.

5. Closing & Payment

Once you accept an offer, we handle the paperwork, transfer ownership, and ensure your payment is received promptly.

Why Fort Lauderdale Policyholders Choose Summit Life Insurance

Summit Life Insurance has earned a reputation for being one of the most dependable licensed life settlement brokers in Fort Lauderdale. Here’s why:

  • Local knowledge of Florida regulations and market trends

  • Licensed, experienced professionals who put your interests first

  • Strong network of trusted life settlement providers

  • Transparent process with no hidden fees or surprises

  • Compassionate guidance every step of the way

We’re more than a brokerage — we’re your advocate in turning an unwanted life insurance policy into a meaningful financial resource.

FAQs: Licensed Life Settlement Broker in Fort Lauderdale

Q1: Is using a life settlement broker better than going directly to a provider?
A: Yes. A broker represents your best interest and can secure multiple offers from providers, creating competition that typically results in higher payouts.

Q2: Are there any fees for using a broker?
A: Brokers like Summit Life Insurance are compensated only if the policy is sold. Our commission is included in the final offer and clearly disclosed before closing.

Q3: How long does the process take?
A: The life settlement process usually takes 4 to 8 weeks, depending on the speed of documentation and buyer interest.

Q4: What if I change my mind during the process?
A: You’re under no obligation to accept any offer. You can walk away at any time before closing.

Q5: Will selling my policy affect my government benefits?
A: It might. We recommend speaking with a financial advisor or benefits specialist, and we’ll help connect you with one if needed.

Get Started with a Licensed Broker Today

Don’t let your life insurance policy lapse or sit unused. If you’re considering a life settlement, connect with a licensed life settlement broker in Fort Lauderdale who will prioritize your financial well-being.

Contact Summit Life Insurance today for a free, no-pressure consultation and discover how much your life insurance policy may be worth.