Life has so many twists and turns and the only thing that’s certain is our eventual death. Even trying to plan for that can be tricky and sometimes we find ourselves wondering if we still need that life insurance policy. In fact, there are several ways to make your policy work for you and even …
Sell Your Life Insurance Policy? What You Need to Understand About Life Settlements Read More »
Once the decision to sell your life insurance policy or cashing on a viatical settlement has been made, the next question that always arises: how do I go about doing this? There are many reasons for wanting to sell your policy. You might need money now, or you may not be able to continue …
Life insurance policies can be quite tricky due to the several different types that are out there, and understanding them can be even harder. Don’t worry, we’re here to help you break down each one and what they mean for you. In general, life insurance policies fall into one of two buckets: Term Life Insurance …
Getting to know the different types of Life Insurance Policies Read More »
When you have decided to cash in on your life settlement or viatical settlement, many tax questions always seem to arise. Are life insurance settlements taxable? Are death benefits taxed? A little background Before jumping further into how life settlement taxation works in these scenarios, there are some terms you need to learn in order …
A viatical settlement is when a chronically or terminally ill person decides to sell their life insurance policy to a third party in exchange for a lump-sum payment that is less than their death benefit. Before getting deep into whether or not viatical settlements are something you should consider, let’s review the basics. What is …
Life insurance policies may seem very straightforward, but that isn’t always the case. There is a lot of information regarding the different types of policies, but don’t worry; we’re here to help you get a better understanding of what it is. The Basics: Key Life Insurance Terms You Need to Know While there are several …
A life settlement is a good option for many. You sell your life insurance policy, getting more cash from it than you would’ve if you had surrendered it to the insurance company. But that doesn’t mean that a life settlement is right for everyone. In essence, getting a life settlement is not that different from …
Let’s get straight to the point: When you surrender your insurance policy, you agree to get a cash payout in turn for giving up the death benefits of your policy. This means, upon death, there’s no payment to your beneficiaries. The payment you’ll receive with a cash surrender of your life insurance is the cash …
Surrendering Your Life Insurance vs. Getting a Life Settlement: What’s the Difference? Read More »
If you are considering selling your life insurance policy, you may be wondering, “what is my life insurance policy worth? or my policy is from 19xx , how much is it worth?”— and whether selling is even a viable option. Life settlements are an increasingly favorable alternative to surrendering or lapsing a policy, since selling …
LIFE SETTLEMENT CALCULATOR: ESTIMATING WHAT YOUR LIFE INSURANCE POLICY IS WORTH Read More »
Like any asset, such as a house or a car, your life
insurance can be sold to a third party for a price,
known as a life settlement.
Copyright 2020. Sequoia Life Settlements. All rights reserved. Sequoia Life Settlements is a marketing company that provides educational and other information about life insurance settlements. Sequoia Life Settlements may refer qualified policy holders to licensed life settlement entities and may be compensated for transactions originated on this website. The information on this website is not directed to individuals or entities outside the United States or elsewhere, where prohibited by law.
Site Designed by ACL Creative Studio
