Thinking about a senior life settlement from one or more of your insurance policies? Are you not sure if it’s the right thing to do? Have you been trying to:
- · Take a vacation
- · Pay off other existing financial obligations
- · Compensate lost income from being retired
- · Enjoy a higher lifestyle
- · Provide gifts to your loved ones
- · Make a charitable donation
- · Purchase investments
- · Reassess your priorities, with less stress in your life
With a senior life settlement you will have no more monthly premiums and will receive a cash settlement on the face value of your policy. On the other hand, you will not be leaving behind the death benefit to your heirs. Depending on if they will need the money or not, you should consider your alternatives. The senior life settlement is most often a better option for those who are considering “Surrendering” their policy – CSV – to the life insurance company that issued the policy. Converting to a paid up policy at a lower death benefit is another option, but this would lower the value of the policy for a senior settlement. You will get a senior settlement advisor, who will explain all of the options to you and you will get to see exactly how each pencils out, before you make any decisions.
With the extra cash from a senior life settlement, you could reasonably do any of the items listed above, and still have peace of mind. Why not enjoy your senior years instead of worrying about your financial condition? Why not find out from a reputable expert what a senior life settlement can do for you?
To learn more on the benefits of a senior life settlement and for a free policy evaluation, please click on the LIVEpdq link above.