When considering life insurance policies, two of the most popular options are whole life and universal life insurance. Both offer unique features and benefits that cater to different financial needs. However, when it comes to life settlements — the sale

Thinking of selling a life insurance policy through a life settlement? Whether you’re a policyholder or a financial advisor working on behalf of a client, you’re likely to encounter two key players in the settlement process: life settlement brokers and

A life settlement can be a valuable financial strategy for seniors with an unneeded or obsolete life insurance policy. By selling your policy to a third party, you can access funds for health care, retirement or other financial needs. So,

As we age, unexpected financial needs arise, making it necessary to explore options for cashing out life insurance policies. For seniors, this can mean turning to either a viatical settlement or life settlement. These options provide a way to unlock

Exploring Your Options in 2024 If you’re holding a term life insurance policy, you might find yourself questioning whether you can sell it, especially if your financial situation has changed. Selling your term life insurance policy is indeed an option

As much as we’d like to think we are in total control, the truth is that life is unpredictable. When their circumstances change, many seniors consider selling all (or part) of their life insurance policy in exchange for a cash

If you’ve been thinking about selling a life insurance policy that no longer meets your needs, you’ve likely come across the idea of a life settlement before. In case the term is new to you, a life settlement is a

(3 minute read) The world of life insurance can be complex and intimidating, but understanding the basics is essential for anyone looking to secure their financial future. One common question that arises is whether it’s possible to sell a $50,000

(3 minute read)   Depending on whether you’re an insurance agent or a life insurance policyholder “selling a life insurance policy” can mean different things. For an agent, it means doing their routine work—selling policies to clients. If you’re looking

Did you know you can sell all or a portion of a life insurance policy, even term insurance? (4-minute read) For many people, buying life insurance is something you do early in your adult life. It’s a form of protection