How to Sell Your Life Insurance Policy

 

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While purchasing a large life insurance policy in your 30’s was probably a wise move (especially if you were supporting a growing family) that big policy may not be such a great deal after the kids move out. You may no longer need assurances that the death benefit bestowed upon your family by your insurance company will be large enough to securely launch your children into adulthood. Maybe your nest egg isn’t as large or secure as you’d like, and adding a sizeable lump sum would allow you to more easily afford rising health care costs and travel more frequently. Read more

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What is a Life Insurance Buyout?

 

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A life insurance buyout is another term for a life settlement, which is fancy talk for the process of selling your life insurance to a third-party investor. It’s a simple transaction that gives your an upfront cash payout in exchange for the death benefit at a future date. This could be a good option if you have a life insurance policy which you no longer want, need or can afford. This article summarizes the important things you need to know about a life insurance buyout.

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When Should Seniors Consider a Life Settlement?

 

 

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Are you a senior considering a life settlement? It could be a great financial option for you and your family depending on the scenario. 

Whether or not you should consider a life settlement depends on your personal financial situation, goals, and needs. In general, a policyholder may consider selling their policy because their current financial situation does not warrant the need for a policy any longer. Below are some of the most common reasons why policyholders may abandon their policy.

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9 Reasons Why What You Think About Aging Matters

 

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Henry Ford supposedly said, “If you think you can’t—you can’t. If you think you can—you can.” While that statement usually applies to reaching our goals or persevering in spite of the odds, we seldom consider it in context with aging. Yet, growing research shows that our view of aging can have a dramatic effect on the quality of our health, happiness, and wellbeing. Not only does what we each think about aging matter, how we feel about aging as a society influences the experience that each of us will have as the years add up. Fortunately, if we can learn to identify those stereotypical prejudices most of us hold about aging, we can halt and maybe even reverse many of the negatives formerly believed to be our destiny.

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Ovid’s Best Retirement Blogs of 2016

 

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The internet is awash with all different kinds of advice on retirement – some of it is good, some not. Each year, Ovid compiles a list of the best Retirement Blogs. We look for a many factors, but the most important:

(1) Credibility of information: your retirement is serious and the advice you listen to should be of impeccable quality and come from a reliable source.

(2) Helpful topics: we like blogs that discuss topics relevant to problems or issues that retirees face frequently.

(3) Great content and writing: reading about retirement saving strategies isn’t always a lot of fun, so we look for engaging writers who can simplify complex topics and make reading about them enjoyable. 

Here’s are the winners (in no specific order) and below are their stories. Check them out, subscribe and enjoy reading!

 

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The Guide to Reverse Life Insurance

 

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Reverse life insurance is the process of selling your life insurance to an investor for an upfront settlement. With the growing popularity of these insurance transactions, Ovid put together this quick and nifty reverse life insurance guide. Most people don’t realize they have this important hidden asset and that they can sell their life insurance just like their house or their car. Start with this article to figure out if it makes sense for you to get paid for your life insurance. If you’re looking for more information then, read this life settlement guide.

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