cash for life insurance that is no longer needed or cost effective.
so with no
fees or hidden costs.
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 years before that have now lost their utility
can be sold, generally for more than cash value.
Many senior citizens
will be pleasantly relieved to know that they can now receive
the money while still alive, possibly tax free, and that they
will not have to make any more policy premium payments.