How Do Smart Seniors Use a Life Insurance Settlement?
Thousands of seniors sell life insurance policies in a life insurance settlement. There is a large and rapidly growing market of institutional investors who want to buy life insurance policies. This means that seniors should no longer view life insurance as a sunk cost; rather it is an asset that has a secondary resale market value just like stocks, bonds or real estate. Benefits of Life Insurance Settlements With a life insurance settlement option available, seniors can buy the insurance they want confident that there is an exit strategy should they need it. The knowledge that you can sell a life insurance policy should the need or desire occur, provides great peace of mind. One of the biggest traditional obstacles to buying life insurance was the fact that it was not a liquid asset that could be sold without taking a significant loss. Life settlements can enable a senior to take advantage of newer, better-priced policies. In fact, the technique of making a life settlement on an older
Thousands of seniors sell life insurance policies in a life insurance settlement. There is a large and rapidly growing market of institutional investors who want to buy life insurance policies. This means that seniors should no longer view life insurance as a sunk cost; rather it is an asset that has a secondary resale market value just like stocks, bonds or real estate. Benefits of Life Insurance Settlements With a life insurance settlement option available, seniors can buy the insurance they want confident that there is an exit strategy should they need it. The knowledge that you can sell a life insurance policy should the need or desire occur, provides great peace of mind. One of the biggest traditional obstacles to buying life insurance was the fact that it was not a liquid asset that could be sold without taking a significant loss. Life settlements can enable a senior to take advantage of newer, better-priced policies. In fact, the technique of making a life settlement on an older
