When you think about life insurance, you might think about your family being taken care of after you are gone. You might think about the monthly transfer of your hard earned dollars into the hands of the insurance company. You might also think about several of the “facts” about life insurance that you’ve heard your
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If you are someone who is striving to live a healthier and more financially secure life, you could benefit from several tips that will simultaneously lead to a decrease in health related problems and an increase in the amount of money in your savings account. Invest in Healthier Eating Habits Contrary to most theories on
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The housing market has undergone a series of changes in the past 30 years. One thing that has remained constant, despite the market’s fluctuating stability, is your home’s potential to be one of your biggest investments. If you’re contemplating selling your home you can be sure to net a higher return on your investment by
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As most financial professions know, the life insurance market is extremely competitive and as a consumer, gaining an advantage can be difficult. Luckily, the life settlement market has proven to be a viable option for those who are looking to for an exit strategy from their life insurance policy. Life settlements are the sale of
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According to some of the latest research conducted by the Life Insurance Settlement Association (LISA), roughly $112 billion in death benefits is forfeited each year by individuals 65 years of age and older who surrender their life insurance policies or allow them to lapse. The results of the research were revealed during LISA’s Fifth Annual
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Often times, death can be a hard topic to discuss. Nevertheless, having a plan in place to ensure that your loved ones are taken care of in the event of your passing is important. This is where the need for life insurance policies come in. However, as you get older the need or want to
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Many individuals purchase life insurance policies during their 20s, 30s, 40s or 50s in order to ensure that their family and loved ones are well taken care of in the event of their death. These policies, when purchased, were affordable to the insured and served a very important purpose in reassuring the insured that his
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Due to the fact that the life settlement industry is still a fairly new business practice—only having gained its beginning in the 1980s—the concept of selling your life insurance policy may still seem foreign. For over 30 years, the selling of life insurance policies through life settlement brokers has been proven to be a viable
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Like any other financial based industry, the life settlement industry has experienced a series of highs and lows throughout the years. In the past, the lack of proper education about the practice, as well as the decline in the U.S. economy has stifled the growth of the life settlement industry, however currently, life settlements are
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Among the baby boomer generation, a senior turns 65 years old every 8 seconds—that comes out to nearly 4 million people that enter into the average retirement age each year. Because the cost of long-term care is constantly increasing, the average age for retiring is increasing as well. In fact, many industry professionals predict that
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