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life settlement cash

Sell your Life Insurance Policy For Cash

Did you know that it is within your rights to sell your life insurance policy today; online from the comfort of your home with a Life Settlement? If you qualify for a Life Settlement you can sell see how much your life insurance policy is worth in seconds. Each Life Settlement company has their own Read more >>

Guide to Beneficiaries

Guide to Beneficiaries

Beneficiaries are the most important part of life insurance. The purpose of life insurance is to give financial protection to your loved ones in the event you were to pass away. Because your income would to suddenly stop, life insurance pays out a lump sum to the person or people you designate. The insurance industry Read more >>

life insurance

How Does Life Insurance Work?

Life insurance forms the backbone of most middle-class financial plans. Because without this form of protection, the financial futures of many families would lie in ruins if something were to happen to the breadwinner.  What is life insurance? Life insurance is one of the oldest forms of insurance protection in the world. In a nutshell, Read more >>

annuity

The Complete Guide to Annuities in 2020

Annuities have been around in one form or another since the dawn of time. They were used during the Roman Empire as retirement savings plans and have survived in one form or another until today. And they are more relevant and useful than ever, with many retirees depending on the income generated by these vehicles Read more >>

How are Life Settlements Taxed - Life Settlement Taxes

Life Settlement Taxes in 2020

Life Settlement proceeds are treated as ordinary income. Whatever the net proceeds from the transaction is valued will be taxed as ordinary income. The amount paid into the premiums will be treated as capital gains. The remaining net proceeds after taxes from surrendering the policy after should be compared to after-tax proceeds received by surrendering Read more >>

viatical settlement

Viatical Settlement [Overview and Guide]

A viatical settlement is a type of life settlement reserved for those diagnosed with a chronic or terminal illness. A viatical is when a life insurance policy is sold to a third party for a lump sum, and the buyer assumes the premiums and receives the death benefit when the seller dies. In the case Read more >>

senior discounts

Senior Discounts [Saving Money in Retirement: 2020 Guide]

The rising costs of living can make it hard for older people to make ends meet in many cases. Fortunately, many retailers and other organizations recognize this dilemma for those who may no longer be working by offering what are called senior discounts. These are simply discounts that are given to customers who are of Read more >>

Unclaimed Cash in Your Life Insurance Policy

Unclaimed Cash in Your Life Insurance Policy

For seniors facing mounting healthcare bills and other unexpected retirement expenses, sometimes cash is needed very quickly. 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 a life insurance policy. Many seniors will surrender their life insurance policy Read more >>

cash benefit life insurance policy

Cash for Whole Life or Universal Insurance Policy [Guide]

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 >>

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