Tuesday, September 19, 2006
Insurance Expert Warns Senior Citizens: Don't Cash In Your Life Insurance Policy
According to Daniel Katz, Vice President of Operations for Settlements for Life, senior citizens who are contemplating cashing in their life insurance policies could receive 5 times or more than the cash value of their policy by not cashing that policy in at its current cash surrender value. Instead, by using a reputable life settlement brokerage firm, a buyer can be found to purchase that policy and take over the payments on it. While the buyer ultimately reaps the larger financial benefit at the time of that person’s passing, the individual receives a lump sum payment for that policy that is typically substantially higher than the policy’s current cash surrender value."
Insurance Expert Warns Senior Citizens: Don't Cash In Your Life Insurance Policy
Source: PRWeb
Insurance Expert Warns Senior Citizens: Don't Cash In Your Life Insurance Policy
Source: PRWeb
Permalink posted by armandn @ 12:14 PM 
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