Life insurance is a good thing. You need to be insured to provide for your survivors. But unfortunately, the cash surrender value of such policies is very low, and sometimes it is necessary to get the cash for them. There has to be a better option.

And there is. Life/Viatical Settlements are another way to get cash out of those policies when you need it. What such settlemetns do is allow you to receive a portion of the death benefit now, with an individual or company to receive the death benefit when you die.

And that is where the Life Settlement Company of America comes into the picture. The company is in the business of providing Life/Viatical Settlements.

What are the benefits to policy holders?

* Lump-sum cash settlements that exceed the cash surrender value when a policy is unwanted, unneeded, or has become a financial burden;

* Profits realized from term policies that would have otherwise lapsed due to high conversion costs;

* Cash infusion when income is limited, relieving financial stress and providing further medical options, when otherwise impossible;

* Capital generated from a poorly performing policy to fund joint survivor coverage, long-term care insurance, or other investments.

Now you never want to have to make the decision to enter into Life/Viatical Settlements, because they are often needed in time of financial crisis or terminal illness. They are, however, an appropriate tool when the situation one faces requires access to money now that would otherwise become available only after death.

Paid Endorsement.

Posted by: Greg at 06:20 PM | No Comments | Add Comment
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