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
Viatical Settlement
A viatical settlement could be a potential solution to financial distress which is all too often correlated to a terminal or chronic illness. A viatical settlement is when the terminally ill sell their life insurance policy to a third-party buyer of life insurance policies, for a cash settlement which is less than the death benefit. …See More
Enhanced Cash Surrender Value Offer
Guaranteed Universal Life (GUL) Guaranteed Universal Life contracts are the policies that life insurance companies are trying to get off the streets. The reason is that they are guaranteed to pay a death benefit to you, provided you pay the premiums that were stipulated when you bought your life insurance policy. It does not matter …See More
Life Insurance is Property
When asked ‘Who is your Insurance Agent?’ People often answer us with their P&C agent or simply say they do not have one. An agent is only mentioned if they are trusted. This circumstance creates a tremendous opportunity for a trusted Property and Casualty Agent to both benefit their client and qualify for the Million …See More
Sell Your Expiring Term Insurance for Cash.
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
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
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
The History of the Viatical Settlement
The viatical settlement industry developed in the 1980’s when people around the world started dying from AIDS. The history of viatical settlements can be traced back to a 1911 Supreme Court decision in Grigsby v. Russell that established that a life insurance policy is an asset.
Terminal Cancer Diagnosis, What Now?
Being diagnosed with terminal cancer is enough to make anyone cry. Once you have had time to come to terms with the reality of the situation, you will face the prospects of expensive treatment and care. If you own a life insurance policy, you may be able to sell it for a lump sum of cash in the secondary market for insurance, and use the money to relieve the financial burden of cancer.