What is a Retained Benefit Life Settlement?

You likely purchased a life insurance policy to protect or benefit family members. Now you may be facing increasing premiums while at the same time having to manage your retirement. All too often many seniors lapse or surrender their life insurance as their needs or financial situation changes. Many do not even know all their options after sinking years of premium payments into their policies. For seniors who may want or need to keep their coverage, there is the Retained Benefit Settlement option that can maximize the current fair value of their policies and provide a lasting benefit.…

Continue Reading
Close Menu