Selling Annuities Can Make Your Life Easier

Selling annuities is not always the answer to getting quick cash. There are complications involved in cashing in a long-term investment for the fastest possible payout.

Sell structured settlements to free your cash for bigger and better investments.

If you decide you would rather have your money now instead of waiting until you retire, you can sell it off. Before you make such an important decision, though, you should stop and consider your reasons. Do you really need the lump sum, or are your reasons frivolous? Maybe you need professional help in reaching a balanced view.

Avoid Short-Term Thinking

If you are planning on selling your annuity for a shopping spree, an extravagant vacation or a luxury sports car, then you may want to reconsider.

You bought the annuity as an investment, or were awarded regular payments after a successful lawsuit.

To fritter it away now does not make sense for your future security. Selling annuity payments is serious business and should not be entered into lightly.

Many insurance companies will not even let you sell if your needs are not absolutely necessary (though with the representation of a broker like Direct Settlement, you will almost always be allowed to cash in whatever your reasons).

When Can I Sell My Annuity?

You may sell your annuity if:

  • You or your spouse has lost your job and you are drowning in debt
  • You want to clear up high interest credit cards debts or other loans
  • You want to pay off your mortgage
  • You want to invest in something else for higher returns

In most cases your mortgage is a manageable expense. Paying it off by getting cash for annuity payments is not in your best interest.

Sell structured settlements to free your cash for bigger and better investments.

But, if you have a shifting mortgage with payments that have become unmanageable, or you are facing foreclosure, then it is definitely worth looking into.

Get The Answers You Need

For answers to all of your questions and a free, no obligation consultation, contact Direct Settlement.

We can help you decide if selling annuities is the best solution for you. We will explain the entire process in detail and we will get you the highest payout in the shortest time.

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