Sell your expiring term insurance for cash, if you qualify. Most people still have no idea that if you qualify, you might be able to sell your expiring term insurance for cash, today. It usually only takes a 5-minute call to learn if you’re likely to qualify or not. Even healthy people, if they have …See More
Life Settlement Taxation
What is the tax basis of a Life settlement and how does this affect life settlement taxation? Changes from the TCJA Act 2017 You should always have your life insurance policy appraised, and yes it is often possible to qualify to sell your life insurance for cash to pay for healthcare or any other needs you may have. …See More
Cancer Should Be the Worst Thing About Cancer
It is devastating enough to watch a loved one’s health decline or to be faced with the fact that you may be taken away from your family by a disease. But the added stress of paying for cancer treatment while being unable to work is also counter to healing. Focus should be on providing (or …See More
Life Settlement Broker Or Life Settlement Provider: The Financial Advisor’s Dilemma
Most Advisors rely on a life settlement broker to assist them in the sale of a life insurance policy, but some Advisors work directly with life insurance providers. Unlike with precious metals, stocks or bonds, there is no centralized exchange for Life Settlements. Every situation is unique because life insurance policies have different provisions, costs …See More
Florida Life Insurance Law Adds To Life Settlement Regulation
Life Insurance Companies in Florida can no longer suppress valuable information from Life Insurance policy owners. The Prohibited Insurance Acts Bill, or HB 1007, now forces Life Insurance companies to allow the disclosure of alternative options available to life insurance policy owners who are considering lapsing, surrendering, or canceling their Life Insurance policy. The …See More
Sell Your Life Insurance Policy? Why Would You?
Why would you sell your life insurance policy? Well, some studies state that more than 80 percent of life insurance policies never pay out a death benefit, others say as many as 80 percent of life insurance policies never pay out a death benefit. Either way, it’s safe to say that only around 20 percent of …See More
Who Qualifies For A Viatical Settlement
How do know who qualifies for a viatical settlement? And what is a viatical settlement? Viatical Settlement: Definition A viatical settlement by definition is “a financial transaction whereby a person with a terminal illness sells their life insurance policy to a third party for less than the face amount of the policy but more than …See More
Financial Assistance And Solutions For Cancer Patients
Patients who receive terminal diagnoses often look for financial assistance and solutions to deal with unexpected, serious financial pressure. Travel, treatment, medications, and keeping up with household expenses can be a daunting task. In this article we will discuss financial assistance and solutions for cancer patients. You’re seated in a blue, soft, upholstered chair in your …See More
Things You Should Know Before Canceling Your Life Insurance Policy
If you are canceling a life insurance policy with a cash value, it is likely that you know what that value is. You pay into your life insurance policy over the years and there’s a cash value element and a cash surrender value element on some policies. In essence that’s the amount of money the insurance …See More
The Life Settlement Market & Buyers
Navigating the Life Settlement Market The life settlement market is simply a marketplace of life settlement buyers. Life settlement buyers are looking for life insurance policy owners that may benefit from the possibility of getting cash immediately. If you are a qualified candidate, you may find that selling your life insurance policy to a life …See More