Chicago, IL. In the US, around 60 million households have a life insurance policy, an estimated $20 trillion worth of life insurance policies. Of these 60 million households, less than 10% will result in a death benefit payout from the insurance companies. Read More
Life Insurance Companies Hate Life Settlements. Here’s Why.
Selling a life insurance policy for cash to a third party can be a long process, especially if the policyholder is not represented by a life settlement broker. Additionally, there are many variables that can affect individual settlements including time spent Read More
The Accelerated Death Benefit Option
Policyholders looking for a policy quote are encouraged to use a life settlement calculator to get an immediate estimate. Considering the Accelerated Death Benefit When applying for a life insurance policy and considering all of the riders available from Read More
New Tax Law Benefits Life Settlement Consumers
Any life insurance policyholder looking to sell their policy for cash is encouraged to first use a life settlement calculator to first see if they qualify. Policyholders in New York state are encouraged to read about life and viatical settlement tax rules Read More
A Life Settlement Broker Gives Four Reasons To Not Seek A Life Settlement In 2020
Understanding life settlements and their benefits to individuals can be a source of confusion at times. What exactly are they? How will I benefit financially? Is now the right time to consider a life settlement? This article will help you gain a better Read More
Life Settlement Brokers Vs Direct Buyers
Chicago, IL Selling a life insurance policy for cash can be a difficult decision with many variables and potential outcomes to be considered on a case-by-case basis. However, there is one question that all seeking a life settlement must answer: "Should I Read More
5 Reasons People Sell Their Life Insurance Policy For Cash
Chicago, IL Many people are unsure about what life settlements are, the selling of a life insurance policy for cash, and how to best use them. They offer a variety of benefits, depending on your current stage of life. These benefits include the Read More
Transamerica Successfully Sued for Raising Charges on Universal Life Insurance
Transamerica Successfully Sued for Raising Charges on Universal Life Insurance Transamerica Life Insurance Co. has been successfully sued for raising the cost of insurance on many of its universal life insurance policies. The plaintiffs in Feller et al v. Read More
An Often-Overlooked Way To Pay For Assisted Living
As a senior, you are apt to need some sort of assistance with basic living needs as you age. Maybe you suffer from an unexpected medical illness or you have a slip and fall accident. This type of incident is increasingly common for seniors and can force you Read More
People Are Paying For Cancer Treatments with Viatical Settlement Funds
More people are beating cancer due to improvements in both conventional and nonconventional treatments. While this suggests a reason to be hopeful, cancer treatments are still costly. Viatical settlements are an effective method of paying for cancer Read More