• Programs▼
  • Top Programs
  • Language Schools
  • Medical Spanish
  • Kids & Teens Programs
  • Language & Fun
  • Business & Professionals
  • Teachers & Exams
  • College Study Abroad
  • Volunteer & Internships
  • Groups
• Countries▼
  • Spain
  • Mexico
  • Costa Rica
  • Canada
  • Ecuador
  • Peru
  • Jordan
  • Italy
  • Portugal
  • View other countries
• Apply▼
  • Book Now
  • Make a Payment
  • Terms & Conditions
• Benefits
• Get Started▼
  • Subscribe Newsletter
• Offers
• Travel Resources▼
  • Study & Travel Resources
  • Past Newsletters
  • Getting There
• Videos
• Blog
• Need Help?▼
  • Email Us
  • Downloads
  • About Us
  • Get Catalog

See more about life and senior settlements by clicking here: Insurance Settlement Review

A possible source of retirement funds...Know the real value of your life insurance prior to cash it in.

We keep track of how much our additional financial assets are worth, stocks and bonds, mutual funds, real-estate, equity in businesses, and so forth but it can be less likely that we know the market value of our life insurance. Your life insurance policy is valuable, and you could profit from it in manners that you may not have realized. That is how come it is so crucial to keep track of your life insurance contracts and find out their real value.

1 of the foremost questions you should answer while debating a senior or life settlement is whether or not you still want life insurance security. If you own long-term care insurance and you have fixed sum of vulnerability to inheritance tax levys you may want to discontinue a life insurance policy. If you are in fairly sound health and retirement age, the surplus cash from a life or senior settlement can be significant to you for any amount of reasons. Possibly the life settlement might be valuable to you since you could prefer to add on to your income. A life settlement may nevertheless be a welcome addition as it could offer you with a basis for investment as you look to retirement possibly even if you are not up to now reached retirement age.

So if you determine that your life insurance contract is no longer useful, you may sell it for more than your insurance company may give you if you cash the life policy in, even if you have a term life policy that has zero cash surrender value whatever.

Since life settlements are not vastly pushed the public in general have not considered the advantage of this possible basis of retirement investment. Mostly those that have disused life insurance contracts simply just have the policy lapse. They either finish paying the premiums wholly and forfeit the terminate rate or simply discontinue the insurance policy and request that insurance company to send them the number derived from the cash value. In either of those cases the insurance company gets ahead and the life contract owner loses. In fact, the life insurance company like termination of the policies as they will never have to ante up out the total face value.