Wednesday, July 18, 2007

 

Life Insurance Settlements Help Seniors Get Much Needed Cash Out of Unneeded Policies

NewRetirement.com, an education and advocacy website for retirement planning, launched a new series of articles introducing life insurance settlements. Life insurance settlements allow seniors to sell unwanted life insurance policies for cash. Retirees can capture more value by using the life settlement than they would by simply turning their policy over to their insurance provider for its stated cash surrender value -- often three to five times the cash value. In fact, most often either the insured lets the life insurance policies lapse or the beneficiaries simply never collect the benefits.

Life Insurance Settlements Help Seniors Get Much Needed Cash Out of Unneeded Policies
Source: PR Web

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