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Senior Life Policy Cash Outs
Senior Life Settlements or simply Life Settlements, involve the sale of an existing life insurance policy to an investment company resulting in the funds generated being greater than the policy's cash surrender value. Senior Life Settlements are often attractive when your original financial planning needs have changed, such as your children all being grown or your spouse pre-deceasing you, and the continued payments of the insurance premiums have become burdensome.
If you are the owner of a significant insurance policy and rather than a death benefit, would prefer a lump sum of cash to be used TODAY, CI NY MUTUAL can help. Your lump sum cash Life Settlement can be used for...
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