Is it time to explore a life settlement?
Is it time to explore a life settlement? Now that is a good question that many seniors are asking themselves. The economy is tanking, premiums are rising, and the might not have a total need for that life insurance policy.
Most life insurance policies are originally purchased to protect families and loved ones, but nearly 85 percent of these policies never pay a benefit.* Life settlement allows a policyholder to sell their policy in exchange for a lump sum cash payment that is greater than the policy’s cash surrender value. Previously used predominantly by the wealthy and those with financial planners, life settlement offers a compelling way to generate cash independent of a credit history.
* Understanding Life Settlements and Industry Issues Entering 2008, Insurance Studies Institute, 2008
There are a couple ways to see if a Life Settlement is right for you:
- Call 1-888-973-8377 and speak with a Life Settlement Professional
- Visit Life Settlement Info and read their Life Settlement Page, download their worksheets, or contact one of their recommended specialists.
- Get multiple quotes at Life Settlement Quotes
We hope this information is helpful to you. Post a comment below with any feedback or direct questions.
