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If you are looking for the best in life insurance settlements or senior life settlements and viatical life settlements then you have found your source.

A Life Settlement or Do You Say Senior Life Settlement ?

By Jamie Tower

7/08/08

Life Settlements go by many names: Senior Life Settlements, Life Settlements, Viatical Settlements, Viatical Life Settlements. Whatever the name used, they have become an important financial tool for seniors who own unneeded, unwanted or undesired life insurance. There is never any pressure to sell a policy. A life settlement only requires a simple application that is free and non-binding. Even after an offer is accepted,. a contract has been executed and monies transferred, the original policy holder generally has a 15 day rescission period.

life insurance settlements - senior life settlements - viatical life settlements

Senior Life Settlement

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Case Examples

Case Example #1; Policy Type = Term; Age = 81; Sex = Female; Face Value = $3,500,000; Cash Surrender = $0; Life Settlement = $850,000

Case Example #2 - Policy Type = Universal; Age = 75; Sex = Male; Face Value = $5250,000; Cash Surrender = $21,000; Life Settlement = $72,000

Case Example #3 - Policy Type = Key-Man; Age = 72; Sex = Male
Face Value = $1,000,000; Cash Surrender = $194,000; Life Settlement = $368,000

Case Example #4; Policy Type = Term Life ; Age = 74 / impairment; Sex = Male; Face Value = $175,000; Cash Surrender = $0 ; Life Settlement = $64,000

Case Example #5 - Policy Type = Whole Life ; Age = 80; Sex = Female; Face Value = $750,000; Cash Surrender = $67,500 ; Life Settlement = $218,000