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I believe he may surrender his life insurance

By Jim W

08/30/2010
The life insurance settlement direction has changed since the beginning of the great recession. Most notably due to the change in life settlement life expectancy data and the availability of institutional funding sources. Life insurance owned by senior policy holders offers the opportunity to cash out of unwanted and unneeded life insurance policies and use the funds for long term care, updated life insurance or other funds. Consult aim life settlements today for more information 

 

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
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