Friday, December 31, 2010

New Year Resolution - Evaluate Your Current Life Insurance Needs

As we enter 2011 this is a good time to evaluate your life insurance needs.  Ask yourself:
  • Do I have more life insurance than I need?
  • Is my life insurance coverage affordable?
  • What happens if I cash in my life insurance policy?
  • Are there any other options?
  • Where can I find more information? Right here - http://settlementsforlife.com/cons_individuals.htm
If you purchased life insurnace to help pay estate taxes you could very well have too much life insurance considering the new Federal Estate Tax Exemption of $5,000,000.  Or, you kids could be grown and do not need the death benefit.  Or, economic times are tough now and the premium might not be affordable.

A life settlement or viatical settlement could accomplish several financial goals for you.  A life settlement:
  • Can eliminate the need to pay costly life insurance premiums.
  • Can give you significantly more cash than if you cash in your policy cash surrender value.
  • Can give you immediate cash you need for bills, long term care, or to invest for future use.
Call Settlements For Life today to discuss your options.  In some cases we'll advise you to sell your policy and in many cases we'll tell you why you should keep your existing coverage.  We can also refer you to competent insurance professionals who can evaluate your needs and possibly provide you with newer coverage that better fits your budget and financial plan.

Call Settlements For Life     877-588-5558
http://www.settlementsforlife.com/
info@settlementsforlife.com

HAPPY NEW YEAR!

Ronnie Katz, CPA
President