A life settlement is the sale of a life insurance policy to a third-party buyer. The payment may be in the form of cash, a new policy with no future premiums, or a combination of both. The total amount of...
Life settlements can be an important asset for seniors to consider when thinking about how to pay for long term care, according to a report issued on July 19, 2017 by the National Association of Insurance Commissioners’ Long Term Care...
Do you have a universal life insurance policy? Have your premium rates recently gone up? If so, you are not alone. People across the country have been faced with giant spikes in their life insurance premiums over the past few...
Rising healthcare costs are an unwelcome surprise for anyone. But many people are finding relief through simple strategies that help them better leverage all of their available financial resources. Selling Your Life Insurance Policy to Reduce Healthcare Costs Consider this...
In recent months, many seniors have been hit with an unwelcome surprise as many insurers are raising their life insurance premiums. When a life insurance policy becomes too expensive to maintain due to premium increases, the owner can be faced...
Research suggests the millions of Baby Boomers hoping to retire in the next few years or are currently in retirement don't have enough money in their retirement accounts. If you're ready to retire but are struggling to determine a realistic...
Insurance That Seniors Bought Decades Ago Is Reeking Havoc On Their Lives Today. As you approach retirement, you may be thinking about making changes in your lifestyle: cutting back on your work schedule, starting an encore career, moving to a...
It’s official – Coventry has ranked #1 among all top life settlement companies once again! For the seventh time in eight years, finance publisher The Deal has ranked Coventry as the Top Life Settlement Company for 2019. Coventry remains the...
The New York Times recently shared data on an alarming increase in elderly bankruptcy filings. Between 1991 and 2016, the rate of bankruptcy filings by seniors who are at least 75 years old tripled, while those between 65 and 74 grew...
Large Cost of Insurance Increases Hit Policies Purchased Years Ago. Universal Life was a popular insurance product when it was introduced in the 1980s. It offered insurance coverage in combination with an interest-bearing savings account designed to earn money to...