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life settlement fraud 1024x683 - Life Settlement Fraud: Avoid Being A Victim

Life Settlement Fraud: Avoid Being A Victim

A life settlement is defined as a transaction in which the owner of a life insurance policy sells the policy to a third party in exchange for a cash payment. According to Study.com, the amount a policyholder can receive from selling a policy will likely fall somewhere between its cash surrender value and the death Read more >>

Rising Universal Life Premiums 1024x683 - The Challenge of Rising Universal Life Premiums

The Challenge of Rising Universal Life Premiums

Older Americans today have many excellent reasons to pursue the sale of a life insurance policy in a life settlement, but one of the most prevalent reasons is the continuous cost of paying premiums. And for those maintaining a universal life policy, a recent Wall Street Journal article links these higher premiums to a historic Read more >>

magna life settlements technology 1024x683 - How Technology Has Improved The Life Settlements Industry

How Technology Has Improved The Life Settlements Industry

When systems are operating at their peak efficiency in conjunction with talented, dedicated people, the big winners are the consumers. The life settlement industry is demonstrating this principle perfectly as it moves into a season of new technological innovation to streamline the settlement process. Two cutting-edge developments in particular, robotic process automation (RPA) and artificial Read more >>

cash value 1 1024x683 - How to Derive Cash Benefit from a Life Insurance Policy

How to Derive Cash Benefit from a Life Insurance Policy

At the time when an individual consults with his family and purchases a life insurance policy, he is often doing the wisest thing possible to protect his loved ones. But the reality is that the necessity of life insurance can diminish over time, especially as the circumstances of the beneficiary change or the premiums become Read more >>

life insurance

What Are The Different Types Of Life Insurance?

If you will have debts to pay off or loved ones to care for if something happens to you, then you probably need to carry some form of life insurance. Life insurance is a legal contract between the policy owner, the insured (who is also often the policy owner), the insurance carrier and the beneficiary. Read more >>

cash life policy

Discover Hidden Cash in Your Term Life Policy

For seniors facing mounting healthcare bills and other unexpected retirement expenses, the idea of hidden cash is attractive indeed. But short of a winning lottery ticket or a mythical money tree in the backyard, where would those hidden funds come from? The surprising answer: from an life insurance policy. Despite increasing marketing efforts from life Read more >>

understanding life insurance payouts

Understanding Life Insurance Payouts

A life insurance payout happens when the beneficiary of a life insurance policy files a claim to receive the payout value of the insurance policy. No one who purchases a life insurance policy knows exactly how the policy will ultimately play out, but the most anticipated outcome is a payout to the policy’s beneficiary. Since Read more >>

contract 1024x683 - Modified Endowment Contract

Modified Endowment Contract

Modified endowment contract (MEC) is a common term used in the life insurance industry. Life insurance is a popular way to protect your loved ones from a potential future loss in income. If you have a life insurance policy and premiums exceed a certain Federal limit, the policy is converted into a modified endowment contract. Read more >>

retirement blog - Top Blogs for Seniors [2020 Guide]

Top Blogs for Seniors [2020 Guide]

Newer media can offer a breadth of perspective and information beyond what one can find through old-school means. Our curated list of the top Senior Living Blogs for 2020 – features the essential information to help make the life of all seniors better. Rather than becoming overwhelmed with the options for Senior Blogs, enjoy these Read more >>

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