May 10, 2022
How Do Life Insurance Payouts Work?
Americans have invested heavily in life insurance policies of all types. Term insurance, convertible term life and cash value policies of…
May 10, 2022
How to Cancel Your Life Insurance Policy
If you own a life insurance policy that you no longer want or need, then you may want to just cancel…
May 10, 2022
Should I Surrender My Life Insurance Policy?
It’s estimated that a standard life $500,000 cash value life insurance policy can cost up to $20,000 a year to keep…
May 8, 2022
What Are Senior Life Settlements? A Guide
Senior life settlements are becoming increasingly common as more and more senior citizens are now selling their life insurance policies because…
May 7, 2022
How Do Life Insurance Buyouts Work?
If you are at least 65 years old and own a universal life policy, whole life policy, or other type of…
May 4, 2022
Life Settlement Taxation: What You Need to Know
Are you considering selling your life insurance policy in a life settlement transaction (also sometimes referred to as a life insurance…
April 29, 2022
How to Cash Out Your Life Insurance Policy
If you are one of 25 million Americans over the age of 60 who are economically insecure, cashing out your life…
April 22, 2022
Time to Sell? How Life Expectancy Impacts the Value of Life Insurance
Life insurance policies are a valuable asset. The U.S. Supreme Court decided in 1911, in a case called Grigsby v. Russell,…
April 17, 2022
Difference Between Viatical Settlement and Life Settlement
The terms “life settlement” and “viatical settlement” are sometimes used interchangeably. However, it’s important to understand that while these types of…
March 21, 2022
Seniors’ Long Term Care Costs Growing As Medical Costs Slowdown
In the study, “Explaining the Slowdown in Medical Spending Growth Among the Elderly,” published in the February edition of the journal…