Magna Life Settlements

Description

• Magna Life Settlements wants to help clients get the most out of their insurance by maximizing the value of the policy.Since 2004, weve bought unwanted and unneeded insurance policies, easing financial concern and providing security in uncertain economic times. In 2016, we purchased 266 life insurance policies. We were able to deploy over $159 Million to policy owners. The funds from a life settlement transaction can be used for:Recouping expensive premium paymentsPaying for long-term health care or unexpected living costsPaying off debtSupplementing retirement incomeSimply put, we turn insurance policies into liquid financial assets.Not only is Magna one of the largest providers in the industry, but their accomplished and friendly team has over a century of combined life settlements knowledge and experience. Magna believes in consistently raising industry standards and supporting regulatory efforts in the market. Having strict compliance and anti-fraud programs, Magna is one of the few active providers that are licensed to do business in the states of Florida, California, and New Yorkstates known for their strict regulation. Multiple funding sources and robust institutional backing have helped Magna stand the test of time.
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  Headquarters:835 West 6th Street , Austin, Texas, United States

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  Phone Number: +1 888-996-2475

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  Website: https://www.magnalifesettlements.com

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  Employees:24

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  Revenue:$1 - 10M

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  Legal Name:Magna Life Settlements

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• |  NAICS Code: 523110  |

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