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Top 10 Reasons for a Life Settlement
- The policy owner requires funding to pay for senior housing and long term healthcare needs
- The policy owner is planning to surrender or lapse a policy
- The policy owner’s insurance needs have changed
- The insured outlived his/her beneficiaries
- Premiums are now unaffordable
- The insured’s health status has changed since policy inception
- The insured needs new life insurance, annuity or long term care coverage
- The insured wishes to give to charity while they are still alive
- Changes in estate taxes
- The insured is a retiring “key-man/woman” or is selling a company/partnership
The Benefits of a Life Settlement
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