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Life Settlements Give You Options

Before the emergence of the life settlement market, policyholders were very limited in what they could do with their policies should they become unaffordable or simply unnecessary. There were initially only three options; to sell the policy back to the broker for a small percentage of the original cost, to
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Life Settlements Are Not All Or Nothing

  Thousands of baby boomers are retiring by the second, but how many of them saved accordingly for the high cost of retirement? Even with careful planning, unfortunately; many retired seniors wind up unable to afford their bills and life insurance premiums. Regardless of not having the ability to pay
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Get Cash To Afford Your Parents’ Health Care

No denying it, long term health care is expensive. Medicaid only pays a portion of those bills and if you are a child assisting your parents in paying the remaining amount, the costs could be extremely overwhelming and perhaps even unaffordable. If you require additional funds to make those payments,
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Find Life Settlement Candidates In Current Clients

Financial advisors who become aware of the life settlement market may be tempted to start marketing their services to the mass population, but the smartest option may be to start looking at the clients you already serve. Marketing efforts are expensive and time consuming, so advisors should identify clients from
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How To Afford Long Term Health Care

No matter how much someone plans for retirement, if the need for long term care arises, it’s very possible that a person’s savings just won’t cut it. Approximately 12 million Americans currently require long term health care and statistics show that about 70% of seniors 65 and up will need
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Why Policies Lapse Unnecessarily

When senior citizens with lapsed policies were asked why they did not choose a life settlement over surrendering their policy, 90% responded that they were unaware of the option to sell. In addition, of the advisors who were asked why they did not educate their clients on life settlements, 50%
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Life Settlements Are For The Wealthy Too

While some may see it as unnecessary for wealthy individuals to own life insurance, there are three major reasons why it is just as important, the underlying reason being that life insurance is a financial tool. Many wealthy people lock up their assets in investments that cannot easily be converted
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Educate Clients On The Option To Sell

Research in 2008 shows that over $112 billion in universal, term, and whole life insurance policies is being lapsed annually. That number has only gone up since then due to senior citizens looking for ways to reduce their expenses in retirement by dropping their premiums. Financial advisors need to be
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What you can (or should) do about increasing premiums

It’s time to face the facts: the cost life insurance premiums have been increasing for decades. Not only does this lend financial burden to policyholders, but also creates legal burden and overall headache. In the past, life insurance policies were sold with the “promise” that it would stay as it.
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Saving Smart After Retirement

There are plenty of resources available to help us save for retirement. While some are more involved than others, everyone should speak with a financial professional every so often to ensure a healthy track to retirement. The conversations are important because they not only inform financial status, but also help
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