What are Life Settlements?
Am I eligible?
What Options Do I Have?
Is It Right For Me?
Why Should I Consider It?
How Much Can I Make?
Are There Tax Issues?
What Is The Process?
What Should I Prepare?
What Should I Look For?
How Do I Start?
Where Can I Learn More?
Your Life Settlement Questions. Answered.
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Examples of how a Life Settlement can help you


















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Thursday March 06, 2008 12:00AM | Click here to visit original article.
LiveSettlements, an
independent life settlements portal providing senior settlement and
life insurance news and resources, launches at www.livesettlements.net.
Seniors can leverage LiveSettlements.net to obtain an instantaneous
life settlement quote and make informed decisions on selling their
insurance policies.
Beverly Hills, CA (PRWEB) March 6, 2008 -- LiveSettlements.net (http://www.livesettlements.net),
an independent consumer resource for life insurance policy owners
considering selling their insurance policies, officially celebrates its
launch. LiveSettlements.net is positioned as a senior settlement portal
dedicated to providing accurate, easily accessible and concise
information for seniors to make informed decisions about selling their
life insurance policies.
LiveSettlements.net (http://www.livesettlements.net)
offers policyowners who are considering selling their policy an
opportunity to discover the potential benefits and drawbacks of senior
settlements. Seniors who have difficulty with high life insurance
premiums, mounting Medicare costs, or worsening health conditions can
use LiveSettlements.net to explore how much they can sell their life
insurance policy for, how to reduce life insurance premiums, and who to
trust in selling their life insurance policies.
Life settlements, or senior settlements, is one of the fastest growing
life insurance segments. Life insurance settlements, where seniors sell
their life insurance policies to a secondary market, are increasingly
viewed as the best alternative to cash surrendering a life insurance
policy or letting it lapse. 20% of all American life insurance
policyowners are estimated to be eligible for a life settlement; but
only a fraction of seniors are aware of life settlements as an
alternative to cash surrendering a policy. Prior to
LiveSettlements.net, the primary means of learning life settlements and
finding life insurance settlement education was through agents,
brokers, and life settlement providers.
Life insurance agents and life settlement agents, brokers,
providers, and funders can also leverage the powerful information base
at LiveSettlements.net to educate their life insurance clients. Shel
Bachrach, President of Entertainment Insurance powerhouse, Bachrach
& Associates (http://www.bachrachassociates.com),
calls LiveSettlements.net "the best thing to happen to the industry
since LISA." LISA, the Life Insurance Settlement Association, is
America's most widely recognized trade association that promotes
legislation and regulation in the Life Settlements Industry.
LiveSettlements.net contains a free life settlement quote tool that
instantly enables seniors to identify the cash value of their policy as
well as their eligibility for a senior settlement. LiveSettlements.net
also plans to release user forums, life settlement broker and life
settlement provider company directories. LiveSettlements.net is also
developing a proprietary platform where life insurance policyowners and
agents can interact with life settlement agents, brokers, and
providers. Currently, LiveSettlements.net can also be accessed at www.livesettlements.net or via RSS feeds.
Source--- http://www.prweb.com/releases/2008/03/prweb748404.htm
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73 Year Old Male
$1,000,000 Universal Life
$3,500 Surrender Value
Paid: $52,183
80 Year Old Female
$400,000 Convertible Term Life
$0 Surrender Value
Paid: $68,000
65 Year Old Female
$15,000,000 Universal Life
$332,270 Surrender Value
Paid: $1,078,000
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