Blog (Page 3)
5 Tips for Selling Your Structured Settlement
Consumers choose to sell their legal settlements (also referred to as structured settlements) for many reasons. While many sell their payments to help with college tuition, debt reduction, medical expenses or mortgage payments, most people sell their settlement to gain financial flexibility when personal or financial needs change. "The long payout periods of most structured settlements - typically up to 30 years - work well for many... ❯❯❯
Structured Settlements - Overview of Annuity Payments and How They Work
Structured settlements are a financial arrangement oftentimes used when an individual is awarded a large sum of money. This might stem from monetary awards used to compensate a person who has been seriously injured or from lottery jackpot winnings. Structured settlements are oftentimes used in cases involving automobile or workplace injuries, medical malpractice and injuries sustained due to the negligence of another. There are... ❯❯❯
Life Insurance Settlement
If you think about it, your life insurance settlement option used is vital when it comes to what you really want your policies to do. Most life insurance agents don't discuss this in detail. The online life insurance salesmen are even worse. Special consideration has to be given as to whether or not this policy is intended for family protection. Is this policy intended to provide an income, or is the need a lump sum need. Is the need... ❯❯❯
Using Your Life Settlement To Do Some Good
We are generally in very different positions, both financially and emotionally, when we first buy a life insurance policy. Now perhaps we bought the policy as an investment, to provide financial security, or because it was a condition of a loan that we needed when we first began our small business all those years ago. As we age, however, our incomes generally continue to rise and we tend to be in a more secure position than when we... ❯❯❯
Life Settlement Overview
A “Life Settlement” is a lump sum settlement paid to the owner of a life insurance policy by one of many funding sources in exchange for the ownership of the policy. Never before have non-terminal policyholders been able to receive capital in excess of their policy’s cash or surrender value to increase their wealth. A Life Settlement can usually provide anywhere from 2 to 5 times the cash surrender value of the policy. "With the life... ❯❯❯
Senior Life Settlements- A New Financial Dawn Emerges
When delving deeper into the market-driven research on the myriads of reasons, motivations, and/or rationales for senior life settlements - seniors selling their life insurance policies have surfaced in recent years. According to studies by key industry players, policyholder rationales for selling life policies are to be identified on one of three levels, due to a combination of them OR influencers from all three levels working... ❯❯❯
A Revolutionary Fundraising Opportunity -- Life Settlements
Amid fundraisers’ growing concerns about the current charitable giving climate, dampened by the erratic stock market and shaky economy, a new fundraising opportunity has emerged – Life Settlements. What is a Life Settlement? A Life Settlement is the sale of an existing life insurance policy for a lump sum of cash that is more than the cash surrender value. A life insurance policy is property, like a car, house, stocks and bonds that... ❯❯❯
Senior Life Settlement-Uses and Applications
In a recent article in the National Underwriter (April, 2005) a Senior Life Settlement is depicted as an ingenious financial planning option available to consumers by providing access to secondary life insurance market through life insurance valuation – a new trend, tool in the financial advisory services industry unlocking opportunity for many. Sound investment practices require diligence and regular appraisal and valuation of... ❯❯❯
Life Settlement: Towards A Free Market for Life Insurance
The Life Settlement market is all about providing due access to needed cash from existing life insurance. This so-called free market referred to as the life insurance industry's secondary market is based on a central premise, namely that the value of life insurance is best determined by independent market forces and has been validated in recent years by its rapid growth. It is also amazing to see the value creation and opportunities... ❯❯❯
Life Settlements, More than a Cash Surrender Payout
With a life insurance settlement, seniors now have the ability to receive a payout larger than their cash surrender value. Life insurance companies have always had the advantage by offering a low cash surrender payout for unwanted or unneeded life insurance policies. Now however, senior consumers are using a life settlement to receive a large lump payout for their insurance policy. A life insurance settlement, (also referred to as a... ❯❯❯
