Life Insurance For Seniors-New Financial Approaches

Matt Harvin asked about this issue: I'm thinking of investing in Life Settlements. What is the typical minimum investment? so.....jose_b responded Also I would appreciate hearing about other people's experiences.

Tissa asked about this issue: What is Life Insurance Settlement? so.....Paul Sherman responded Win – Win Financial Solution for Seniors! A Life Insurance Settlement is the sales of a life insurance policy to a third party in exchange for a cash settlement in excess of the cash surrender value of policy —even if none exists! This is also called as Life settlement, Insurance settlement or Senior settlement. Typically, a Life insurance settlement or senior settlement is about three to five times the cash surrender value of the policy. Life settlement: When an individual who does not have a terminal or chronic illness sells a policy for other reasons, including changed needs of dependents, wanting to reduce premiums, and cash for meeting expenses