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What is a Life Settlement? [2019 Guide]

What is a Life Settlement? [2020 Guide]

The origin of life settlements dates all the way back to a 1911 Supreme Court case called Grigsby v. Russell. In the 1980s selling your unneeded life insurance policy for cash became a way for people with poor health to obtain funds for medical and living expenses. In the years since, legislation and tax laws Read more >>

Portrait of senior businessmen . Happy and satisfied.

Cash Surrender Value: Definition and Explanation

A cash surrender value is the total payout an insurance company will pay to a policy holder or an annuity contract owner for the sale of a life insurance policy. To calculate your Cash surrender value, you must; add total payments made to an insurance policy and subtract of fees charged by the agency. When Read more >>

In-force illustration - Magna Life Settlements

What Is An Inforce Illustration?

An inforce illustration projects the current costs of your life insurance policy from lapsing. Every year more seniors realize the benefit of exploring a life settlement to get an immediate benefit from an unneeded life insurance policy. As settlements become a more popular option, consumers are realizing that they can investigate and enter into life Read more >>

retirement life settlement

5 Ways to Handle Rising Health Care Costs when Planning your Retirement

The cost of long-term care and general healthcare costs are higher than they have ever been, and the increase doesn’t appear to be slowing anytime soon. Medicare covers only a portion of healthcare costs in retirement, leaving you on the hook for what will likely be a significant chunk. You aren’t totally powerless against this Read more >>

Retirement Expenses

Where Seniors Spend Money [Senior Retirement Expense Guide]

Saving for retirement is a necessity. but beyond the idea of “putting money away for later,” or just creating a budget worksheet, how much do we really know about the actual costs incurred by American seniors? It’s a misconception that spending decreases after retirement; in fact, a study by the Employee Benefit Research Institute shows Read more >>

Life Settlement Guide

Selling Your Life Insurance Policy

A life settlement is the sale of an inforce life insurance policy for a market value return. Policyholders receive more than the cash surrender value of their policy but less than the death benefit at maturity. The market value depends on the age and health condition of the insured, but often is in the range Read more >>

life settlement math

Life Settlements White Paper Archive [2020 Guide]

Below you will find comprehensive guides to make it easier for you to understand the Life Settlement Industry. Original research and insights from the Magna Life Settlements team can be found for the following: Delving Into the Life Settlement Numbers The Math of Life Settlements [Whitepaper] The adage that knowledge is power is never more Read more >>

How to Prepare for Historic Wealth Transfer From Boomers to Generation X

Boomer to Generation X Wealth Transfer

According to a report from Cerulli and Associates, Baby Boomers will transfer approximately $68 trillion in assets to their heirs or charitable organizations in the next quarter century. Most of that money will end up in the hands of Gen Xers, making that generation the wealthiest in the nation by the end of that 25-year Read more >>

Questions to Ask Yourself Before Lapsing Your Policy - Magna Life Settlements

Lapsing Life Insurance Policy: Options in 2020

Sometimes insurance policies that seemed like a good idea during an individual’s middle-aged years can become a burden as that person ages. There are good reasons for a policyholder to shed such an unwanted policy, but what many people don’t understand is that there are other options to lapsing a life insurance policy. If premiums Read more >>


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