What Is Cash Value in Life Insurance? The cash value in life insurance refers to a built-up savings component included in many permanent policies. As you pay premiums, part of that money goes toward the death benefit and part goes into a tax-deferred savings account. Over time, that savings grows based on interest or investment […]
Monthly Archives: June 2025
07
Jun
Jun
Viatical Settlement Definition So, what is a viatical settlement? A viatical settlement is the sale of a life insurance policy by a terminally or chronically ill policyholder to a licensed third-party buyer, in exchange for a lump-sum cash payment. After the sale, the buyer becomes the policy’s new owner and beneficiary and continues paying the […]
06
Jun
Jun
What Is a Life Settlement? A life settlement is the legal sale of your life insurance policy to a third party—typically institutional investors—for a lump-sum cash payment. You receive more than the surrender value, and the buyer takes over premiums and becomes the beneficiary. The transaction is handled through either: Life settlement providers: licensed buyers […]
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Jun
Jun
What Is a Life Settlement? A life settlement is the legal sale of your life insurance policy to a third party—typically institutional investors—for a lump-sum cash payment. You receive more than the surrender value, and the buyer takes over premiums and becomes the beneficiary. The transaction is handled through either: Life settlement providers: licensed buyers […]
04
Jun
Jun
Why People Sell Their Life Insurance Policies Policies are often taken out with good intentions—protecting a spouse, supporting children, or covering business obligations. But over time, those needs change. You might find yourself: No longer needing the coverage Facing high premium costs in retirement Wanting to free up cash for medical care, travel, or debt […]
03
Jun
Jun
Life Settlement Broker vs. Provider: What’s the Difference? If you’re thinking about selling your life insurance policy, it’s important to understand the two key players involved in the process: the Life Settlement Broker and the Life Settlement Provider. While both are essential to completing a life settlement transaction, their roles are quite different—and knowing how […]
02
Jun
Jun
Why People Sell Life Insurance Policies Life changes. What was once essential protection for a young family or business can become an unnecessary financial burden later in life. Common reasons people choose to sell life insurance policies include: Rising premium costs Changes in estate planning The insured outliving the need for coverage Business ownership transitions […]
01
Jun
Jun
Why Sell a Term Life Insurance Policy? Term life insurance is designed to offer coverage for a fixed number of years — often 10, 20, or 30. But life changes. Children grow up, financial priorities shift, and the original purpose of your policy may no longer apply. If you’re paying premiums for a policy you […]
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