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Why
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Life
Settlements have become the #1 financial tool used to reduce or
eliminate expensive life insurance premiums for senior's. The
most obvious benefit of Life Settlements to senior policy owners is the
new money created above cash surrender value. The additional funds can be
used in many ways to improve a seniors financial position. The most common
is to use the new larger sum of money created by the Life Settlement to
fund a new more suitable policy with lower premiums. This
saves the policy owner money on an annual basis. While this is the most
common use, there are many possible benefits for a Life Settlement.
What are the
benefits of the Life Settlement option?
- Fund a single premium
Annuity/Life
- Fund new needed
Annuities, Life Insurance, Long-Term Care or Investments
- Create more
comfortable retirement years
- Fund the purchase of a
needed survivorship policy
- Settle personal or
business debts proactively
- Bestow cash gifts to
family members or charities
- Reduce or eliminate
future Life Insurance premiums
- Maintain a lifestyle
despite changes in finances or health
- Activate income from
an inactive asset
- A more profitable
alternative than surrender or lapse
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