Why we matter
Magna Life Settlements, Inc. offers policy owners a fair market value for their life insurance policies. Life settlements represent one of the most important financial innovations of the past 30 years. By recognizing the fundamental right of policyowners to assign their policies, life settlements have created a more competitive life insurance market where consumers enjoy new options and greater value every day.
We are wholly owned by Vida Capital, Inc., a multi-billion dollar alternative asset management firm that invests in the purchase of Life Insurance Policies.
Our goal is to help people understand their best life insurance alternatives so we can maximize the value for life insurance policy owners.
How does the process work?
What makes us different
We offer Fair Market Value pricing
We have the financial where-with-all to take title of policy; we're not a broker intermediary
We're intelligent, have an excellent reputation and excellent customer ratings
Better, faster staff, systems and structure
Austin-based innovators with culture of teamwork, respect and responsibility
Reasons to sell a life policy
Premiums no longer affordable
Need to replace lost income no longer exists
Need for funds to pay estate taxes no longer applicable
Resources to pay for health expenses and long term care
A term policy may be reaching the end of the coverage period
Funds are wanted to improve a retirement lifestyle
ESTIMATE YOUR POLICY
About Magna Life Settlements
Magna Life Settlements, Inc. is a leading life settlement provider licensed wherever state insurance regulations require, and able to do business in every state. We pay people for life insurance policies they either no longer need or no longer want. Many people have no idea just how valuable their life insurance policy is when they surrender or lapse it, and so many policies today are just given up because of inability to pay the premiums. If you fit our criteria you may be able to receive real value for something you felt had become a burden.
Most of the people we deal with are seniors who need funds for retirement or medical expenses. A transaction with Magna is highly regulated for maximum consumer awareness, transparency and protection. Our team will be glad to answer your questions as you decide what to do with your policy.