When people think about life insurance, they often view it as a way to provide financial protection for loved ones. However, there is also a market where existing life insurance policies can be bought and sold. But who buys life insurance policies once they are in place? Life settlement buyers and viatical settlement purchasers purchase …See More
The Best Company to Sell Your Life Insurance Policy to?
The best company to sell your life insurance policy to is the one that will net you the most money for your life insurance policy, provided they are licensed. Non-licensed entities and individuals are permitted to purchase 1 or 2 policies per year in most states, and there are groups that actively solicit to that …See More
Sell Your Term Life Insurance Policy for Cash
You may be able to cash out your term life insurance policy and actually sell your term life insurance policy for cash. This comes as a shock to many policy owners who mistakenly assume that when the term on your life insurance policy is up, your insurance and all the premiums you have paid over …See More
Sell My Life Insurance Policy
You can’t just say “Sell my life insurance policy” to someone and expect to get the most cash for your insurance policy. If someone tells you it is fast and easy to sell your life insurance policy, there is a good chance you are not going to get the most money for the sale of …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