What Are Some Life Insurance Settlement Options?

Given the shape of the economy, people are looking for every possible way to bring in extra income, whether temporarily or on a permanent basis. One new source of income is your life insurance policy. The question is, “What should you do?” Sell the policy? Stop making premium payments and let the policy Cash Value […]

Reverse Life Insurance vs. Reverse Mortgage

If you are getting to retirement age, you’re probably starting to consider your options when it comes to financing your retirement. Two common options for retirees are life settlements and reverse mortgages. Most people are choosing the latter because it sounds “safer,” but there are a lot of reasons that you should consider getting a […]

The Benefits Of A Reverse Life Insurance

Reverse life insurance (also known as life settlements) have become a boom industry during the past few years. Life settlements refer to the sale of one’s life insurance policy to a third party for an immediate, set sum of money. The growing popularity of reverse life insurance could be due to the tough economic times, […]

Selling Your Life Insurance Policy Vs. Surrendering Your Life Policy

Should you surrender life insurance policy or should you sell it? Either way, you will want to make your decision based on your goals and the amount of cash that will end up in your pocket. As a general rule, the decision to surrender your life insurance policy means you will deal with your insurance […]

Who Is Eligible For A Life Settlement?

Life insurance settlements are great financial tools for senior citizens. In order to qualify for these settlements, however, you must meet certain criteria. For example, the most suitable candidate for a life settlement will ideally have a life expectancy of no more than 20 years. And of course, the value of an individual’s life insurance […]

Insurance Agents and Life Settlements

Insurance agent

To the inexperienced, life settlements can seem both confusing and daunting. Since most insurance agents fail to inform their clients about the benefits of life settlements, most senior citizens are not well versed in how these settlements work. This leaves some seniors vulnerable to financial ruin. Why do insurance agents rarely discuss life settlements? One […]

Making Educated Decisions With Your Life Policy

So, you’ve reached the conclusion that your life insurance policy is totally obsolete. But, should you surrender your policy, or should you sell it? Selling your life insurance policy can incur many benefits. For example, you can receive cash in exchange for selling your policy to the right company. By doing this, you will relinquish […]

Life Settlements: Finding New Value in Your Old Life Insurance Policy

Life settlements are life insurance policy purchase by insurance companies or brokers that provide you with a cash settlement on an existing policy that is more than the cash surrender value. While the purchasing of policies has become more standard practice with the advent of viaticals for those with terminal illness, the settlement of life […]

Viaticals Offer Financial Help For Cancer Patients

Cancer Patients

Finding adequate funding to cover the cost of treating and living with cancer is difficult. There are a few options that many people are not aware of, such as finding financial assistance for cancer patients through the use of viaticals and life settlements. Doing this is something that may become necessary should insurance not cover […]

Financial Help for Individuals with ALS

Amyotrophic lateral sclerosis

Lou Gehrig’s Disease, more formally known as Amyotrophic Lateral Sclerosis, is a condition affecting the nerve cells found in the brain and the spinal cord. The cells control voluntary muscle movement. The disease causes muscle paralyzation to occur, and with time the individual whom is affected is no longer able to function. Individuals who have […]