A Life Insurance Option by Jerry Claiborne

HOW A POLICY MIGHT BE SOLD FOR CASH
Here is a hypothetical example of how a life settlement might work. John is a seventy-year old who owns a $350,000 life insurance policy. Like everyone else who purchases life insurance, John had a good reason for taking out his policy. In his case, he [...]

July 25th, 2008 | Posted in Other Cash Flows, investments, retirement investing, viaticals | No Comments

Looking at Life Settlements by Jerry Claiborne

A  “Life Settlement” is the sale of a life insurance policy giving the policy owner a cash settlement or immediate lump sum cash payment in excess of the current cash surrender value.  Consumers have long viewed life insurance as a means of receiving immediate cash to pay estate taxes, to protect surviving family members, to [...]

July 25th, 2008 | Posted in Other Cash Flows, discounted notes, viaticals | No Comments