Baby Boomers in the United States are worth roughly US$30-trillion, setting the stage for a humongous transfer of wealth over the next few decades. But those shamelessly banking on a nice inheritance from their Boomer parents face a brewing threat to their expected riches.
Calsi Management Inc., a private company in Toronto, is attempting to raise […]
If you are considering selling your life insurance policy, it is important you understand the Tax Implications. However, this information if only for basic understanding, we recommend you speak with your tax advisor for a more detailed understanding.
As a life settlement of an insurance policy is in effect the sale of the policy to a […]
Ideal candidates for a life insurance settlement are high net worth clients whose insurability has changed since the time the policy was issued. In addition, a decision to either lapse or surrender the policy is under consideration. A life insurance policy becomes unwanted or unneeded due to any number of situations.
A client may need new […]
A recent question I received, so I decided to post so others could see it.
Question: What can life settlement money be used for?
Answer: That is another powerful benefit for a Life Settlement, there is no restriction on the funds. Use the settlement to turn your health around for the better, new insurance, travel, or […]
Life insurance settlements enable seniors and the terminally ill to sell existing life insurance policies for sums that exceed their cash surrender values. This type of transaction is growing in popularity among seniors wishing to turn non-performing insurance investments into more immediate financial gains.
A life settlement is a simple option, all that is required by […]
Life Insurance and financial professionals who would like to get in the Life Settlement Marketplace now have an opportunity.
Life Settlement Pro is working with agents nationwide to assist them with their client’s unwanted, un-needed, or changing life insurance policy needs. We recommend to our agents that they should evaluate their client’s life insurance policy at […]
Once you have decided that you want to sell your life insurance policy, the first step is to find potential buyers.
Contact your state Department of Insurance to see if viatical or life settlement companies have to be licensed in your state. If so, they will provide you a list of licensed companies. If not, the […]
Many Americans are concerned about their personal financial future in an uncertain economy that the US has experienced recently. Life settlements or senior settlements, have become important alternatives for unlocking embedded value in investments in life insurance.
It is a little known fact that policies insuring those age 65 and over can be sold. Policies bought […]
Q. What is the minimum policy face amount that is available for a Life Settlement?
A. $100,000 of Face Amount, however the typical policy is $250,000 or more. Please keep in mind we respect our clients tremendously and give everyone the same high level of service. Some policies may also qualify for a life settlement if […]
Life settlement providers solicit and/or negotiate life settlement contracts. A life settlement contract is between a life settlement provider and a senior citizen or terminally ill person holding a life insurance policy. The contract provides that the provider buys the beneficiary’s rights to the terminally ill person’s life insurance policy. For brokers see “life […]
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