Life Insurance Settlements Allow Seniors to Leave a Legacy
Many older individuals look for ways to leave a legacy either to their families or charities. However, seniors often don’t feel comfortable that their financial circumstances will allow them to satisfy their desire to provide a legacy. Life settlements can enable seniors to pursue charitable giving, and further the work of charities during their lifetime […]
Life Insurance: The “Hidden” Asset.
Life settlements provide value and cash proceeds for life insurance in those situations where the insured’s needs have changed from the time when the policy was first purchased. In some situations, selling a policy now through a life settlement can result in similar value to the eventual death benefit. Consider this case study and […]
Life Settlement Case Studies
Literally billions of life insurance policies annually are lapsed or surrendered by policyholders who no longer, want, need or can’t afford their life insurance policies. The following cases illustrate the benefit provided to the policyholder through life settlements. A 74-year-old male owned 2 universal life policies that were transferred to him in the […]
The Three Biggest Misrepresentations By Life Settlement Providers
There are two options when choosing how to engage in a life settlement. The first option is to engage a Life Settlement broker who represents the policyholder and whose motivation is the same as the policyholder to get the highest price possible for the policy. The second option is to deal with a […]
Why You Should Use A Broker In Life Settlement Transactions
The reality of representation by a broker in life settlement cases is simple. Using a professional life settlement broker will result in obtaining the highest possible price for the sale of a life insurance policy. As a result, this fact puts the most money in a policyholder’s pocket. Period. A life settlement broker and the […]
Life Settlements Versus Viatical Settlements
There are two methods by which a life insurance policy holder may sell his/her policy to a third party to receive a cash purchase price prior to their death. The first method is a “life settlement”. A life settlement is when a life insurance policy holder decides to sell their policy to a third […]