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
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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.
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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
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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
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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
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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
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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
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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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