Life Settlements, do not let your policy lapse
As I reading some aritcles today, I noticed a tidbit of informaiton from a Lincoln Financial Group press release. This doesn’t give much detail but shows that Life Settlement industry is hurting their profit expectations. They are used to enjoying the high lapse rates of life insurance policies to bring in more profit.
With a Life Settlement, now the consumer has the option to receive a payout instead of nothing for a lapsed policy. Also as life settlement can most likely provide a higher payout for your cash surrender value.
The effect of life settlement business on persistency assumptions
used in pricing life insurance business, which may cause
profitability of some business to fall below expectations and could
potentially result in deficient reserves.
Call 1-888-973-8377 to speak with a Life Settlement Specialist or get a Free Life Insurance Policy Analysis today.
