Senior Life Settlement Policies

Senior citizens above the age of 65 years can sell their unwanted policies to other parties and get a lump sum settlement in cash. Such a Life Settlement is done when the person requires money for some urgent purpose, to invest in business or to simply fulfill some lifelong desire.

Senior Settlements

Sometimes senior citizens no longer need their policies which they had taken in their youth. They may not be able to pay the premiums anymore, or they may need the cash for some other purpose. Some years ago, the only options to get rid of unwanted policies were to cash them in at their surrender value, or, worse still, to allow them to lapse. Both these methods caused a serious loss to the policyholder.

Senior Life Settlement Providers: A Guide

There are several financial institutions that provide Senior Life Settlements. They purchase an existing policy from a senior policyholder and try to sell it to a buyer, who will be responsible for the policy premiums from that time forward. Such companies charge their fees as brokerages on the face value of the policy held.

What You Need to Know Before Selling Your Structured Settlement Payments

Any one wanting to sell their settlement payments were on their own, before the state structured settlement protection statutes and the Victims of Terrorism Relief Act of 2001.

What Is A Structured Settlement?

A structured settlement is an alternative payout for a person who has won a lawsuit as a direct result of a worker’s compensation claim, wrongful death or accident. With a structured settlement there is an agreement between both parties that the payment will be made over time instead of in one lump sum.

Structured Settlement – Definitions, Do's and Don'ts

What is Structured Settlement? What is Annuity? Information on how to use your structured settlement and how not to use your structured settlement and insight on what goes on behind the scenes

Structured Settlements Explained

A structured settlement is a plan in which you receive payments over a set period of time instead of receiving a lump sum of cash; you will receive payments weekly, monthly or even yearly.

Insurance Settlement Loans

Insurance settlement loans are usually applicable in cases where a plaintiff is awaiting an insurance settlement for some personal injury or loss. For instance, in cases of natural disasters, organizations like the U.S. Small Business Administration award financial assistance to people whose property has been devastated.

A Structured Settlement Annuity: Comparatively Speaking

So you think you can do better investing the lump sum payment yourself rather than relying on the structured settlement for steady, predicatable income? Take a look at how a structured settlement compares with one of the most popular investment vehicles.

Need Money in a Hurry Than Selling Your Structured Settlement May Not Be The Answer

Need money in a hurry, than selling your structured settlement may not be the answer. It can take anywhere from six weeks to four months to get your money. Why you may ask?

Life Settlement Funding

Life settlement funding, also known as senior settlement or life time settlement, is a scheme that allows qualified life insurance policy owners to liquidate a life insurance policy for an amount much higher than the cash surrender value. If a senior person, over 65 years old, owns a policy that is no longer needed or affordable or there is no option but to lapse, then the life settlement funding companies help him in selling his Life Insurance Policy at a much higher price than what he would have received by surrendering the policy. Life settlement funding companies have created a secondary market for life insurance policies.

Contract Workers: You Still May Be Eligible for Workers' Comp

If you work as a contract worker for a U.S. company and you get injured on the job, you may be eligible for workers' compensation in spite of your official worker status.

The Lowdown on Getting Cash for a Structured Settlement

If you are currently receiving payments from a structured settlement and are not happy with the procedure in which you are getting paid, there may be a way to cash out your money and move on with your life.

Preparing to Meet With a Buyer of Structured Settlements

Once you have made the decision that selling your structured settlement is an option you want to consider, you should begin to prepare yourself for the selling process.

The Lowdown on Selling a Structured Settlement

So, you went through a lawsuit and were pressured into accepting a structured settlement; somewhere down the line you realize that the settlement does not provide all the security it was supposed to; what do you do now?