 |
| | | |
|
Senior Life Insurance Settlements Article
With a life insurance settlement, seniors now have the ability to receive a payout larger than their cash surrender value. Life insurance companies have always had the advantage by offering a low cash surrender payout for unwanted or unneeded life insurance policies. Now however, senior consumers are using a life settlement to receive a large lump payout for their insurance policy.
A life insurance settlement, (also referred to as a senior life settlement or life settlement) is a financial transaction in which a senior citizen possessing an unneeded or unwanted life insurance policy sells the policy to a third party, as opposed to surrendering or lapsing it back to the life insurance company. The seller receives immediate cash for the policy from the purchaser. The purchaser becomes the new beneficiary of the policy at maturation and is responsible for all premium payments from the time of the purchase until the seller passes away.
For senior citizens to receive an estimate on the amount available to them, they simply need to sign a release and provide information about the policy, there is no need for a physical or medical visit. "The life settlement process is a very simply process," says Grant Shellhammer of Life Settlement Pro, "Once the necessary documents are received we can provide an estimate of the settlement amount, there is never
any obligation or cost to the client." With life insurance policies being surrendered and lapsed on a daily basis, it is important for consumers to understand how beneficial a life settlement can be.
There is no standard amount available through a life settlement and every individual case is different. The industry has seen anywhere from 2-10 times the case surrender value available through a life settlement. Many seniors are not aware that there is potentially a lot more value in their policies.
The education and availability of life settlements could also be blamed on the agents and financial professionals. They have a duty to provide their clients with the best options and recommendations. By letting a policy lapse or surrender without seeing if a life settlement is available is not servicing your clients correctly. "We gladly work with agents and financial professionals across the nation to help
them assist their client with life settlements," stated Grant Shellhammer.
No longer should you just settle for a cash surrender payout; find out if a life insurance settlement can pay you more.
About the AuthorGrant Shellhammer is located in sunny Orlando, FL. He is a licensed insurance agent and affliate Life Settlement Broker with Life Settlement Pro. He works with senior citizens and financial professionals nationwide to receive the highest available offers for their life insurance policies.
Contact details:
1.888.973.8377
http://www.lifesettlementpro.com
|
Insurance Settlement News
Helpful Senior Life Insurance Settlements Links
Life Settlement at US Life Settlements: Senior Settlement, Life Insurance Settlement, Senior Life Settlement, Life ...
Life Settlements at US Life Settlments. Specializing in senior settlements, life insurance settlements, senior life settlements and life settlement company ... Attention seniors: your life insurance policy may be sold for 10-60% of the current coverage (face) amount in a ... Senior Life Settlements. Call 1-888-757-USLS (8757). ...
Life Settlements, Senior Settlements, Free Policy Appraisals - Settlement Benefits Association
Settlement Benefits Association provides life settlements so you can exchange your life insurance policy for a cash settlement in excess of the cash surrender value of the life insurance policy. Offering free life policy appraisals, Settlement ... Life Settlements are an innovative wealth and estate planning tool. With Life Settlements, you can often exchange your life insurance ...
Viatical Settlements, Senior Settlements, Life Settlements
Safe Harbor Funds: Viatical, viatical settlement, senior settlement, and life settlement financial services to policy owners, agents, brokers, and the life insurance settlement industry. ... Viatical Settlements - Get Paid for your Life Insurance! Life Insurance Settlement means more than the ... Started Today click ! Senior Settlements - Life Settlements. VIATICAL Quotes ...
Senior Settlements - Life Insurance Settlements
... Life Settlements. Senior Life Insurance Settlements. What are structured settlements? How do they work? Life Insurance Settlements ... Sell your current life insurance policy. Receive a ...
Viatical Settlement - Senior Life Insurance Settlements - Viaticals
Welcome Funds Inc. is a licensed viatical & senior life insurance settlements broker. WFI is also a member of the Viatical & Life Settlement Association of America. ... WHAT ARE LIFE INSURANCE SETTLEMENTS? Life Insurance Settlements allow a life insurance policy owner to ... unaffordable or obsolete life insurance policies insuring a senior over age 65 ...
Senior Insurance Settlements - Viatical
Ideal is a brokerage that works with policy holders and financial profesionals on a national level. ... Settlements Explained. The Concept of the Life Settlement - There used to be two options when a senior had a life insurance ... current life insurance policy. Life settlements allow ...
Viatical Settlement - Senior Life Insurance Settlements - Viaticals
SeniorSettlements.com is a licensed viatical and senior life insurance settlements firm providing quality life settlements nationwide to the senior community, estate and financial planners, attorneys, and agents. ... Applying with Senior Settlements.com couldn't be easier ... 65 or older) of an existing life insurance policy for a cash settlement. This Senior Settlement will be less than the ...
Life Settlements, Senior Settlement, Life Insurance Settlements, Life Insurance Cash Value, Senior Life Settlements
Life Settlements at American Viatical. Specializing in senior settlements, life insurance settlements, life insurance cash values and senior life settlements ... or other financial strains. Few senior policy owners realize that their ... benefit through life insurance settlements or senior life settlements. On average, Life Settlements are at ...
Life Settlements Senior Viatical Life Insurance Settlement
Ideal is national broker providing life insurance settlement serivces to policyholders and financial professionals. ... life insurance settlements. Life Insurance Qualifications ... insurance settlements The Concept of the Life Settlement - There used to be two options when a senior had a life insurance ...
Milestone Settlements, LLC
... for their life insurance policies through life settlements. A life settlement ... sale of a life insurance policy at a price ... asset value of life insurance, allowing them to better ...
Senior Life Settlements - Life Insurance And Senior Life Settlements InfoCenter
Senior Life Settlements information - all about Senior Life Settlements and life insurance here. ... Life Settlements. Lost ... Senior Retiree Life Insurance. Senior Settlement Life Insurance. Senior Term Life Insurance. Senior Whole Life Insurance. Stop Loss Insurance For Life Settlements ...
Life Settlements Senior Viatical Life Insurance Settlement
Ideal is national broker providing life insurance settlement serivces to policyholders and financial professionals. ... Key man Settlements. FAQs. Life Insurance Settlements enable policy owners to sell (Viaticate) a current life insurance ...
|
