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Subject: Turn Your Life Insurance into CASH Today!!!


Author:
ttolk
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Date Posted: 13:37:41 01/09/04 Fri

The television program 60 minutes reported that 90% of terminally ill people surrender their life insurance in their final two years of life. They do this because they can no longer afford to pay the premiums, resulting in the loss of a life long asset. There is a practice available to everyone that the vast majority of people are unaware of called Life Settlements or Viaticals. A person can sell their Life Insurance policy and receive up to 85% of its face value, tax-free. This lump sum cash settlement can then be used as the policyholder sees fit. Granted this may not be for everyone, but for many people this could be a real blessing. A person can relieve themselves of the financial burdens that inevitably mount when dealing with terminal illnesses while living out the remainder of their life with dignity. These funds can also be distributed as gifts ($10k/per yr) tax free, to the beneficiaries.

www.sellyourinsurance.com

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Subject Author Date
QuotesTim21:31:42 10/28/04 Thu


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