The Benefits of Selling Your Life Insurance Policy: Is It the Right Move for You?
Life insurance is often viewed as a safety net, providing financial security to beneficiaries after the policyholder’s death. However, as life circumstances change, the need for this coverage may diminish, making the policy a potential financial asset that can be liquidated. This is where the option to sell your life insurance policy—known as a life […]
How the Health of the Insured Impacts the Decision to Sell a Life Insurance Policy
When considering whether to sell a life insurance policy through a life settlement, several factors come into play, with the health of the insured being one of the most crucial. The decision to sell a life insurance policy is often driven by a combination of financial need and changes in personal circumstances. However, the health […]
Unlock the Value of Your Life Insurance Policy: How Life Settlements Can Help You Cash In
Have you ever looked at your life insurance policy and wondered if it could be more than just a monthly bill? What if you could leverage that policy and turn it into a significant cash infusion to achieve your financial goals? Here at Moss Life Settlements, we specialize in helping policyholders unlock the hidden value […]
Financial Freedom with Life Settlements: Turning Premium Burdens into Cash Opportunities
Life insurance is a noble concept – providing security for loved ones in the event of your passing. But what happens when the cost of that security becomes a burden? Rising premiums can squeeze your budget, leaving you feeling trapped between letting your policy lapse and sacrificing other financial goals. Here at Moss Life Settlements, […]
Life Settlement Regulations by State
The concept of selling life insurance through life settlements or viatical settlements remains unfamiliar to more than half of Americans. This is unfortunate because these options can be financially attractive, especially for those with unnecessary or unwanted life insurance policies. Many individuals tend to surrender such policies back to the insurance company, which often results […]
6 Life Insurance Settlement Options You Should Know
Introduction Life insurance provides financial security for your loved ones when you’re no longer around. It’s a critical aspect of estate planning, and the death benefit paid to your beneficiaries upon your passing is a crucial element. This payout, known as the “settlement” of your policy, comes in various forms. Your beneficiary can receive it […]
5 Life Settlement Myths From Your Broker Dealer
Introduction Retirement can be costly these days. People are living longer, and their healthcare expenses are going up. Many seniors aren’t financially prepared. A report from TD Ameritrade in 2020 found that a lot of seniors don’t have much money saved. For example, 33% of those aged 70 to 79 have less than $100,000 saved. […]
What is Cash Surrender Value of Life Insurance?
Introduction As financial landscapes evolve, many individuals find themselves grappling with the challenge of maintaining their life insurance policies amidst changing circumstances. When faced with the dilemma of high premium payments, some consider drastic measures such as policy cancellation or surrender for the cash surrender value. However, it’s imperative to explore these options comprehensively and […]
How to Use Life Insurance in Your Retirement Planning
When we think about life insurance, we usually think about it as a way to support our loved ones financially if something happens to us. But did you know that life insurance can also help you with your retirement plans? In this article, we’ll explore different ways to use your life insurance to secure your […]
7 Reasons to Consider a Life Settlement
Introduction Retirement is a time for relaxation, but it can also come with unexpected financial challenges. The rising cost of healthcare, increasing debts, and unpreparedness for life after work can make your golden years less shiny. However, there’s a valuable resource that many seniors overlook—your life insurance policy. In this guide, we’ll delve into how […]
