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Senior Life Settlements... Many Elderly Can Stake a Claim in this Untapped Goldmine
By definition, senior life settlements involve the sale of an unwanted or unneeded life insurance policy owned by an individual, a corporation, partnership, foundation, trust, non-profit, or charitable organization.
A 1911 Supreme Court ruling made life insurance an asset that can accumulate in value and be bought or sold. The policy owner/seller receives cash upfront which generally is some amount between the cash surrender value, if any, and the death benefit amount.
The policy buyer pays all future premiums, becomes the new owner/beneficiary, and collects when the insured person dies.
Take this simple test to see if you qualify
"Life insurance settlements provide living benefits that can be utilized by individuals, corporations, trusts, and non-profit or charitable organizations, alike. Senior policy holders, certified financial planners and their clients need to be acutely aware of the tremendous monetary value hidden within many life insurance policies."
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Life settlement companies vary greatly in quality, experience, and in having a policy owner's best interest in mind. Turn to trusted professionals to receive the life settlement regulations for your state along with a free, no-obligation policy appraisal!
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