shopify analytics ecommerce
tracking

Cashing A Life Insurance Policy

Selling Your Life Insurance Policy

In recent years cashing a life insurance policy has become a very common practice.

It used to be that most life insurance policies were left in force in order that the intended beneficiaries could receive the face value of the insurance policy upon the death of the insured.

Ever since the inception of the aids virus people with the disease have searched for ways to get their hands on cash to pay medical bills and in some cases just to live.

Thus, if these people have life insurance policy with large cash values they end up cashing a life insurance policy or selling their life insurance policies.


Don't pay too much for life insurance! Shop and compare Quality Quotes from Quality Carriers first. Just answer a few quick questions then get your Quotes. The process is Easy and FREE. Click Here For Free Quotes


Cashing A Life Insurance Policy

Even the people who are receiving structured settlements from life insurance or an annuity are cashing their settlements in return for an immediate lump sum.

These companies that buy these settlements or policies are enjoying a real bonanza...but the person with the terminal illness and their families are really losing in the end.

These investment companies buy life insurance policies from terminally ill people for a percentage of the face amount of the policy.

The investment company pays all premiums for as long as the insured stays alive and collects the death benefit upon his or her death.

The investment company is called a viatical company. Selling the policies can be referred to as "viatication".

In some situations people who are not terminally ill also sell their policies. In their situation their health has declined and they are in need of cash.

These are referred to as life insurance settlements. Instead of cashing a life insurance policy or selling your life insurance policy it may be prudent to take a loan from your policy if the "loan value" is sufficient to meet your financial needs.

Keep in mind that there may also be tax implications involved with cashing a life insurance policy or selling it.


Can you think of anything more important than your Family's Security? What would happen to Your Family if you died? Would they be provided for? Compare Quality Life Insurance Quotes from Quality Carriers and Save. Click Here For More Info


Life Insurance Policy Cash Life Insurance Policy Viatical Settlements Whole Life Insurance Quotes 10 Year Term Life Insurance Policy 15 Year Term Life Insurance 20 Year Term 25 Year Term Life Insurance 30 Year Term Insurance 5 Year Term Insurance Accelerated Death Benefit Whole Life Insurance Advantages Of Whole Life Insurance Best Term Life Insurance Rate Annual Renewable Term Life Insurance Disability Insurance Long Term Disability Insurance Long Term Care Insurance Online Insurance Quotes Term Life Insurance Mutual Funds Financial Planning Retirement Planning Estate Planning Mortgage Insurance Universal Life Insurance Whole Life Insurance Quotes Cheap Life Insurance Life Insurance Companies Cheap Term Life Insurance Term Insurance

Tools And Resources

Life Insurance Need Calculator

Recent Articles

  1. 10 Year Life Insurance Policy Proceeds - Optional Choices

    Death proceeds from 10 year life insurance can be in lump sum form or incomr form

    Read More

  2. The 5 Year Term Life Insurance Policy Or Rider

    The 5 year term life insurance policy has been around in insurance circles for a very long time. It can be sold as a policy or as a rider to a permanent life insurance policy.

    Read More

  3. 20 Year Term Insurance Policy - 20 Year Life Insurance

    The 20 year term insurance policy is one of the most sought after life insurance policies.

    Read More

  4. 20 Pay Life Insurance

    Take a look at 20 pay life insurance. Most people know that you buy whole life insurance if you want to be covered for the rest of your life even if you live to age 100.

    Read More

  5. Life Insurance Quotes - Policy Provisions And Explanations

    Life insurance hub is a service dedicated to assisting you in understanding life insurance quotes and how to apply them to your personal life insurance needs.

    Read More