Better Options for your Life Insurance than Surrendering!
Life Insurance is one of the most valuable assets many Baby Boomers and Seniors own today and many fail to realize Selling their Life Insurance is an option to raise much needed cash!
Is Selling Your Life Insurance worthwhile?
Many Life Insurance Companies fail to provide notice to their policy owners that a Life Insurance policy is an asset owned and can be sold just like a home or car.
Selling a Life Insurance Policy is a quick and easy transaction which enables a Life Insurance owner to sell their policy to a third party investor for an upfront cash payment. 98% of all Life Insurance Policies lapse without value and fail to return any financial benefit to the policy owner. Many seniors and baby boomers avoid converting Term Life Insurance policies because of dramatically high premium requirements to convert to a Universal Life Policy. Life Insurance companies love when a policy lapses because they are able to remove the risk from their books, avoiding future death claims while keeping all of the funds the policy owner paid over the years. This leaves most Life Insurance owners with few options when it comes to avoiding rising premiums on a often times a very limited budget as they enter retirement years.