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How a Life Insurance Settlement Can Help Seniors

Posted in : online-forex.alivedownload.info

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  Tue, Sep 08 2009, 13:46

Most people don't know there is such a thing as a life insurance settlement. Did you know you can sell a life insurance policy? If you are age 65 or older, there are companies that will pay you more than the cash value for your policy. Even term insurance, which has no cash value, is a candidate for purchase. The life insurance settlement transaction has been available since 1995. The purchase of the policy will probably be made through an insurance settlement company for pension or institutional fund buyers. Here are three common reasons why a person would enter into a life insurance settlement 1. The policy has outlived its usefulness. If you are like most people (78%), you, as the primary wage earner, bought a life insurance policy to provide for your family's needs if you met an untimely death. Now you no longer need as much insurance. A life insurance settlement would bring in more cash than you would get from the insurance company that issued the policy if you... http://online-forex.alivedownload.info...

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