Blog

Why You Need To Add An FMV Analysis Into Your Planning

Over the last for decades, life insurance has endured countless changes. This means that if you’re helping seniors with their financials, an analysis of the FMV of all their assets is essential, and that includes life insurance. The value of life insurance could exceed that value of any other property
Read more

How to Handle Rising Premiums

In past years, the premiums shown to a customer when they were sold a policy would stay the same while the policy was in force because insurance companies wanted their confidence. This was a point of pride for the insurance company and this basic promise between the insurer and consumer
Read more

The Life Settlement Strategy

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
Read more

5+ Alternatives More Beneficial Than Surrendering Your Policy

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
Read more

3 Factors That Determine Settlements

Because life insurance is personal property, it can be sold just like any other piece of property you would own. Selling your life insurance policy to a third party gives you more cash versus surrendering it to the insurance company, but this value is less than the death benefit amount.
Read more

3 Strategies To Aid The Retirement Security Crisis

There are three places people lean on for income during retirement. This includes pensions, assets and Social Security. That said, about one-third of Americans currently draw income from pensions and only a little more than half gain income from assets. Taking these stats into consideration means that half of all
Read more

A New Way To Afford Retirement

Health care costs are constantly on the rise. According to AARP, the average cost of medical expenses for an American couple over the age of 65 is $240,000. That amount is astronomical to a retired couple living on fixed retirement incomes and heavily dependent on social security. A life settlement
Read more

3 Reasons Financial Advisors Need To Know About Life Settlements

Life settlements, the sale of life policies in exchange for cash payouts, are an extremely viable option that have saved many senior citizens from lapsing policies and unexpected financial strain. Many financial advisors are still; however, not educating their clients on the subject. No one wins in this scenario as
Read more

3 Reasons To Sell Your Life Insurance

There are 3 main reasons that policyholders choose to sell their life insurance. The sale is done through a life settlement where the buyer assumes ownership of the policy and the seller receives a cash payout. The buyer takes responsibility for paying premiums and receives the death benefits when the
Read more

Death Benefits Are Not Just For The Deceased

Individuals generally buy life insurance in order to provide their family members a sum of money after they die. That money can help cover funeral costs, be used towards outstanding debt, or simply give financial relief to the recipients. With life settlements; however, the policyholder does not have to die
Read more