Tag Archives: Virginia
Life settlements have greatly enhanced the profitability of owning life insurance. Life insurance is purchased for a number of reasons, by corporations, trusts, partnerships and individuals hoping to provide for their family. The primary reason for the purchase of life … Continue reading: Life Settlements, Another Reason to Own Life Insurance.
A life settlement provider is a company or individual in business for the expressed purpose of providing settlements. Life insurance policies are financial instruments, owned by an individual, business or trust and as such, these contracts can be sold. Buying … Continue reading: Life Settlement Provider, Offering A Valuable Service
The term senior life settlement generally refers to contracts that are sold (settled) on people of advanced age. There is no magic number, but generally speaking we are talking about people in their mid-eighties and older. Even if one is … Continue reading: Senior Life Settlement. Cashing In Before You Die.
The value of a life settlement policy is the function of several factors: 1) The premium paid for the policy. Even though a policy funder might not pay the full annual premium (they generally pay only the mortality and administration … Continue reading: Life Settlement Policy – How Much Are They Worth?
I am about to retire and I either have to sell insurance policy on my life, let the company keep it, or take over the payments myself. This is a question I often get from businessmen who have key-person insurance … Continue reading: Sell Insurance Policy Or Let My Company Keep It?
When a person with a net worth in excess of a hundred million dollars is interested in selling life insurance, one has to question the motive. In this case, my client had a two million dollar, paid-up policy, with a … Continue reading: Selling Life Insurance. A Bird In The Hand
Several years ago, before concerns over stranger owned life insurance (STOLI), a large charity made life settlement agreements with some of its biggest donors. The plan was to buy life contracts ($1,000,000 each) and to keep them until the individuals … Continue reading: Life Settlement Agreements. Some Go South With The Snow Birds.
As you might have guessed, the life insurance industry has written many negative life settlement articles over the past several years. It’s no secret that the life companies do not like the settlement industry, but have you asked yourself why? … Continue reading: Life Settlement Articles From Life Companies. What’s Their Problem?
Longevity tables are used by the government and private industries to determine the amount of time an individual has left to live. They do not, however, take into account an individual’s health, family history, life style or socioeconomic back ground. … Continue reading: Longevity Tables, Can You Beat The Odds?
If you are interested in selling your life insurance there are two things that you must first consider. Taxation: Will there be a negative tax impact on the sale of my insurance policy? In most cases the premiums paid on … Continue reading: Selling Your Life Insurance, Deal Or No Deal?