subject: Life Settlements - Can You Profit More? [print this page] If you are currently paying a high premium for a life insurance policy and you are thinking about letting your policy lapse, you should reconsider and think about a life settlement. Like most of us, many times, our needs change as time goes on. So what is one to do if you have paid thousands and thousands of dollars into a life insurance policy, and the insurance company is only willing to give you a small portion of what you actually paid in? A senior life settlement!
With access to many investors, a life settlement can, on average, can yield you about 4 times more than what the life insurance company is willing to give you. The first thought that may come to your mind is, "How come I have not heard of a life settlement?", as it happens to be, the life insurance companies wants to have the maximum amount of profits. Do not fall victim and let all this money you paid in, just vanish. After all my research on a life settlement, it appears it is far more profitable to sell your life insurance policy, not let it lapse.
Now when your needs change, you will remember this article, and be able to profit much more, than if you would just return the policy to the life insurance company. So before you think about letting your policy lapse, you may want to consider to search on Google how to "sell life insurance policy", rather than giving it back to the insurance company, why would you settle for less?
