AIM Life Settlements  

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They needed to get a senior insurance life settlement.

By Jeremy

03/24/2008

In order for her to receive the care she needed they would need a senior insurance life settlement.  She would have a life insurance policy left for when she passed away but in order for her to live the rest of her life in some comfort they will need to take her others policy and get a senior insurance life settlement.  She wants to be at home when she passes away and there is not much a hospital can do for her anymore.  So the only way he can afford to have someone come and care for her the senior insurance life settlement is the only thing they can do.

 

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