Did you know ninety percent of seniors who lapsed a life insurance policy would’ve considered a life settlement if they’d been aware of that option? Yet 65 percent of financial advisors have never recommended a life settlement to a client. However, they say they would do so under the right circumstances. More than $100 billion
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Every year, more than 710,000 life insurance policies are surrendered by seniors older than 70. Many due to the fact that seniors think this is their only option. If you combined the face value of these policies, they would amount to over $57 billion. Here are 5 alternatives that are more beneficial than just surrendering
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