Posted by The Policy Settlement Alliance on Thu, Aug 12, 2010 @ 01:06 PM
By Ronald C. Kerstetter
A life insurance settlement option refers to basically two different scenarios. In the first scenario this option is how the life insurance is paid at the death of the insured. A life insurance settlement option in this event may be a lump sum death benefit, an income for a fixed period to the beneficiaries, a check book from the insurance company with the balance held in an interest bearing account or perhaps a fixed income to the beneficiaries or, even a delayed payment to a beneficiary. When considering a life settlement option, it may be prudent to consult an insurance professional if you have concerns about a beneficiary receiving a lump sum at your death.
In the second scenario, we look at a life insurance settlement option when selling or settling a life insurance policy. In this event there may be several options available as well. Perhaps you opt for cash and a smaller life insurance policy, opt to be paid an annuity rather than a lump sum. When selling an insurance policy it is wise to consider whether a life settlement may be right for you. For more information please click on LIVEpdq.
Note: Blog posts reflect the opinion of the author, which may differ from the opinion of policysettlement.com.
Posted by The Policy Settlement Alliance on Thu, Jul 08, 2010 @ 06:36 PM
By Joseph W. Horner
With our economy in the worst shape our generation has ever seen many people are looking for ways to liquidate assets, a life insurance settlement option could be an excellent way to do this if such an asset or assets are available. The first thing to keep in mind is that a life insurance settlement option will only yield a portion of the death proceeds so it’s best to enter into this process with open minded expectations.
The settlement value realized by the owner in a life insurance settlement option will depend on several factors which determine dollars realized or even if investor’s will want the policy. The entity purchasing a policy is an investor looking for something they can make money on and so will therefore have to consider not only purchase price but also the payment of ongoing premiums, a policy’s performance, associated operational expenses, taxation, adherence to regulatory items and other issues.
Most investors will articulate certain parameters for the policies they are looking for in a life settlement and will often involve age, life expectancy, insurance company rating, percentage of premium ratio for keeping the policy in force, method the policy was put in force, face amount of the policy, etc. As you begin the process of entering into a life settlement it is best to discuss your policy with a life settlement broker to get an idea if your policy may yield enough money to justify selling the asset.
The learn more about a life settlement please visit LIVEpdq.
Note: Blog posts reflect the opinion of the author, which may differ from the opinion of policysettlement.com.
Posted by Alice Hood on Tue, Jun 29, 2010 @ 06:02 PM
By Jeff C Kennedy
According to an article published in the New York Times, the idea of a life insurance settlement option
has gone mainstream. The article describes a life insurance policy as an asset, or a financial tool. As time goes by and situations change so do financial needs. As you are reviewing your financial strength, it is important to consider the life insurance settlement option as well.
Perhaps the children you originally purchased the policy to protect are now grown and on their own. Often times parents would prefer to “gift” inheritance to their children early to help their young family get started. Perhaps you could help them purchase their first home or get a grandchild started in college. Things that an inheritance use to cover, but now due to longer life expectancy, these opportunities are gone before you pass.
If your financial needs have changed and you would like to see the benefit of your life insurance policy while still living, consider the life insurance settlement option.
Click the Livepdq link today!
Note: Blog posts reflect the opinion of the author, which may differ from the opinion of policysettlement.com.
Posted by Alice Hood on Mon, Jun 28, 2010 @ 09:15 PM
Life insurance settlement option
is an option that may make the last days of your life pleasant ones! Many people with deteriorating health are faced with many overwhelming tasks. Many people have multiple issues with their insurance policies. Either the premiums are to high, they no longer have the net worth to justify the insurance or they need the living benefit from the policy.
A life insurance settlement option is God send. Viatical settlements and senior settlements are the two forms of a life settlement. Senior settlement is a term used in some states that represents people 65 and older. Viatical settlement represents people with a life expectancy of two years or less. These terms are recognized in different states but in the essence represent one and the same thing. Viatical settlements are regulated in many states originally formed in the mid 90's to help AIDS patients that were being taking advantage of. A life insurance settlement option in it's ideal state is a mutual arrangement for all parties involved.
For more information please go to
LIVEpdq.
Posted by Alice Hood on Mon, Jun 28, 2010 @ 09:15 PM
By Stephen A. Bailey
Life insurance settlement option
- understanding the value of the product, is helpful if you understand that each life insurance policy has basics but are each of different value depending on how it was sold and who it was sold too. We are now finding out that many trust-funded and other life insurance policies, can sometimes go for several years before they are reviewed. Basically all of them can be sold in the market place, but the life insurance settlement option will be vastly different from one policy to the next.
I have seen policies that were "Illustrated" to age 80 or 85, just to keep the cost down. An investor is going to look at the policy and wonder how long it will go on the present premium. The investor does not want a "jump" in premium, unless it is priced into the settlement. The premium for a healthy 75 year old and a not so healthy 75 year old can be the difference of many thousands of annual dollars. The investor has to continue the premiums in either case and it better be that the life expectancy of one insured is vastly different than the other paying lower premiums.
So...what is it going to cost to keep up a policy and is the value of the policy factored in for a profit. The more unhealthy insured hopefully bought his policy when he was healthy. If the premiums are less but the life expectancy is less too, the insured stands to get more money from a life insurance settlement option, than the insured who is paying higher premiums and now his health is better! He will get a lot less even though he is the same age.
Click here, livepdq to see if a life insurance settlement option is right for you!
Note: Blog posts reflect the opinion of the author, which may differ from the opinion of policysettlement.com.
Posted by Alice Hood on Mon, Jun 28, 2010 @ 09:14 PM
By Ian F Smith
A life insurance settlement option
should be explored for many different reasons. For a business owner insuring a key person who is no longer employed, a life insurance settlement option should be discussed. For a retiring executive who decides not to take the policy with them, a life insurance settlement option should be discussed. For any insurance policies that are no longer needed, such as those used for bank collateral or securing other fixed assets, a life insurance settlement option should be discussed. Too often business owned life insurance policies that were set up for specific reasons are typically just allowed to lapse or are surrendered for any value that remains. These oversights could end up costing the business many times over their true market value. Those assets that are no longer needed, like a fleet of business vehicles, corporate buildings or equipment, they are typically appraised for fair market value before deciding to sell or not. Corporately owned life insurance policies should be viewed in the same light.
A life insurance settlement option should also be explored for many personal reasons as well. If you have a change in financial needs, a life insurance settlement option should be discussed. If your estate liquidity needs have changed,a life insurance settlement option should be discussed. If you no longer have a need for your insurance, a life insurance settlement option should be discussed. As in the business owners potential oversight of valuing or having assets appraised before selling or allowing to lapse, your personal assets should be viewed in the same light.
Click on the LIVEpdq for more information.
Note: Blog posts reflect the opinion of the author, which may differ from the opinion of policysettlement.com.
Posted by Alice Hood on Mon, Jun 28, 2010 @ 09:14 PM
By Edward E Leisher
Once you have made the decision to settle a life insurance policy, you have to look into your life insurance settlement option
to find the best fit for your current needs. How do you want to have the proceeds from your life insurance policy distributed? Do you want your proceeds paid in a lump sum or in the form of income to you or a beneficiary? If you choose to have the proceeds paid in the form of income, you have several options available to you.
Payout Options:
o Lump Sum
o Life Income
§ No Certain Period Life Income: individual collects whatever income the earnings of the policy provide until death.
§ Certain Period Life Income: 10, 15 or 20 year options; continues to pay income to a beneficiary should the individual die before the period is over.
§ Joint and Last Survivor Life Income: pays out income to two beneficiaries until both beneficiaries named dies.
§ Interest Income: pays individual interest each month and keeps principal intact; can provide decent monthly income to individual or be assigned to a beneficiary for payout upon the individual’s death.
§ Fixed Period Income: pays lump sum over a predetermined period of time; can be good option to fund children’s college education.
§ Fixed Amount Income: the individual determines the amt of income they want to collect each month then insurance company determines how long this income will last.
These life insurance settlement options allow a life insurance settlement payout to fund life changes from paying for a child's education to supplementing the individual’s income.
Click our LivePDQ button to see if a life insurance settlement is an option for you.
Note: Blog posts reflect the opinion of the author, which may differ from the opinion of policysettlement.com.
Posted by Alice Hood on Mon, Jun 28, 2010 @ 08:48 PM
By Ronald E. Ritter
The life insurance settlement option
when used properly allows the Life Settlement to fund any purpose the owner of the policy may choose to spend their new found funds on. Life insurance settlement option is an opportunity for an insured to profit from life insurance that often offers no real current return.
Life insurance is something you have invested in over a long period of time, often large sums of money go into these policies as we accumulate wealth. Sometime after the accumulation and protection have ended these policies fade into oblivion, real value waning away to the ebbs of time.
The main question is who will help you attract the most money for your investment from the Life settlement and will that life insurance settlement option be a good fit for you? As an experienced professional I can assist you in your decision while offering you the insights and the forethought to guide you to the best solution for you. Isn’t it time you found a new use for your old insurance policy and discover Life Settlements today?
Find out more, click here on livepdq Link today!
Note: Blog posts reflect the opinion of the author, which may differ from the opinion of policysettlement.com.
Posted by Alice Hood on Mon, Jun 28, 2010 @ 03:17 PM
By Scott J. Dressel
What is a life insurance settlement option? First one needs to know the definition of a life settlement which is when an owner of an insurance policy sells the coverage to a third party for a financial sum. The policy ownership and future premium responsibility is taken over by the buying identity. In the past a consumer had only one life insurance settlement option and that was to surrender the policy to the issuing carrier for the surrender cash value. Worst case scenario is the policy had no internal value and the consumer simply defaults on the premium payments and the policy lapses. In the scenario where a policy has internal cash value the consumer would hope to at the least break even with respect to premiums paid into the life policy unfortunately this is not always the case and the surrender cash value is less than what the policy owner paid into the policy. A third life insurance settlement option is that of selling the policy to a third party for a financial gain. The buying party or settlement company may offer more than the current surrender cash value or in the case where a policy has no cash value a settlement provider may offer a substantial amount for the rights to the policy.
For more information please click the LIVEpdq image.
Note: Blog posts reflect the opinion of the author, which may differ from the opinion of policysettlement.com.
Posted by Alice Hood on Fri, Jun 25, 2010 @ 01:49 PM
By Marlin E Leisher
It can be difficult to decide if a life insurance settlement option
is right for you. Often times long term finances take a back seat to busy lives. By the time you sit down to review your options if feels overwhelming. In addition it can be difficult to hire someone to review your personal and financial information. Where do you start?
There is a simple way to find out if a life insurance settlement option is right for you. Click the Live PDQ link and answer questions about your policy. This program is designed to determine whether or not you should or could consider the life insurance settlement option. In addition, you will have the opportunity to read personal and professional biographies about the agents that are most experienced in the settlement industry.
By clicking the Live PDQ
link you can easily find out if a life insurance settlement option is right for you and learn about the most experienced agents in the industry today!
Note: Blog posts reflect the opinion of the author, which may differ from the opinion of policysettlement.com.