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Don't Leave Money on the table
Leaving money on the table simply means the possible lack of profit that someone is leaving behind or not taking advantage of. This could happen because the business, organization or individual involved are unaware of how they leaving money behind by not knowing about profit increasing options available.
Did you know that about 90% of most seniors who own a Life Insurance policy are totally unaware that their policy is an asset that can be sold for a lump sum amount of cash in the secondary marketplace? For many seniors, by the time they reach their 70’s a life insurance policy has become unneeded, unwanted, and depending upon the type of policy they own, may have become unaffordable.
The following scenarios are a few individual case examples of how seniors were able to maximize their profits by selling their life Insurance policy in the secondary marketplace for a cash amount, which is on average is six times higher than the cash surrender value they would receive from the Insurance provider.
This substantial amount could make a difference for a senior going forward in their retirement years.
Did you know that about 90% of most seniors who own a Life Insurance policy are totally unaware that their policy is an asset that can be sold for a lump sum amount of cash in the secondary marketplace? For many seniors, by the time they reach their 70’s a life insurance policy has become unneeded, unwanted, and depending upon the type of policy they own, may have become unaffordable.
The following scenarios are a few individual case examples of how seniors were able to maximize their profits by selling their life Insurance policy in the secondary marketplace for a cash amount, which is on average is six times higher than the cash surrender value they would receive from the Insurance provider.
This substantial amount could make a difference for a senior going forward in their retirement years.
Case Study Healthy 79-year-old female owned a $7,500,000 Guaranteed Universal life policy with minimal cash surrender value. Her situation had changed, and she no longer needed insurance coverage. After presenting this case to our pool of multiple buyers that we represent we were able to obtain a $2,350,000 offer for her policy. In most instances on a GUL policy, we only need an illustration to age 105 and client date of birth to secure offers.
Case Study A male, 68, with minor health issues, had a $1,000,000 term policy that was coming to the end of the conversion period. He no longer wanted the coverage as he could not afford the conversion premiums. We received an offer of $55,500 for the insured – again, on a term policy with no cash value.
Case Study A male, 66, with a number of significant health issues, had 2 term policies totaling slightly North of 3 million dollars. Both term policies were convertible. The seller needed the funds for his adult child. We were able to negotiate a cash offer to the seller for over 1.2 million dollars. Because the seller was ill, he qualified for viatical status or another name for a Life Settlement and that usually provides higher percentage offers from buyers.
Case Study A male, 68, with minor health issues, had a $1,000,000 term policy that was coming to the end of the conversion period. He no longer wanted the coverage as he could not afford the conversion premiums. We received an offer of $55,500 for the insured – again, on a term policy with no cash value.
Case Study A male, 66, with a number of significant health issues, had 2 term policies totaling slightly North of 3 million dollars. Both term policies were convertible. The seller needed the funds for his adult child. We were able to negotiate a cash offer to the seller for over 1.2 million dollars. Because the seller was ill, he qualified for viatical status or another name for a Life Settlement and that usually provides higher percentage offers from buyers.
These scenarios are just a few examples. I always say, each life settlement case has its own DNA… meaning that no two are alike. Plus, the beauty of this extraordinary financial option is there is no out-of-pocket cost whatsoever to the policyholder to find out the fair market value of their policy and to receive an offer for it and a no lose situation. Therefore, to all seniors their senior advisors... always remember Don’t leave any money on the table.
Bidwell Life Settlements is licensed and is represented in all states nationwide with a Life Settlement brokerage firm that has earned a long and successful track record of life settlement transactions with seniors since 1993. They have a vast pool of buyers and investors who buy life Insurance policies from seniors just like you... Most of what I do is educate and assist seniors and their loved ones through an easy process that I walk them through every step of the way. Moreover, I’m a proud senior myself and always enjoy getting to know my fellow seniors.
For seniors and seniors advisors, I have a wealth of information to share with you and I’m always available to answer questions. Don’t hesitate to call me anytime on my mobile 505-702-3699 or contact me at my preferred email address: joyce.bidwell919@gmail.com.
My kindest regards,
Joyce …
BIDWELL LIFE SETTLEMENTS
Guiding Seniors to Peace of Mind
505-702-3699 ---- Direct Line
bidwelllifesettlements@gmail.com
bidwelllifesettlements.com
Bidwell Life Settlements is licensed and is represented in all states nationwide with a Life Settlement brokerage firm that has earned a long and successful track record of life settlement transactions with seniors since 1993. They have a vast pool of buyers and investors who buy life Insurance policies from seniors just like you... Most of what I do is educate and assist seniors and their loved ones through an easy process that I walk them through every step of the way. Moreover, I’m a proud senior myself and always enjoy getting to know my fellow seniors.
For seniors and seniors advisors, I have a wealth of information to share with you and I’m always available to answer questions. Don’t hesitate to call me anytime on my mobile 505-702-3699 or contact me at my preferred email address: joyce.bidwell919@gmail.com.
My kindest regards,
Joyce …
BIDWELL LIFE SETTLEMENTS
Guiding Seniors to Peace of Mind
505-702-3699 ---- Direct Line
bidwelllifesettlements@gmail.com
bidwelllifesettlements.com
505-702-3699
bidwelllifesettlements@gmail.com
joyce.bidwell919@gmail.com
www.linkedin.com/in/joyce-bidwell-a336bb119/
Bidwell Life Settlements is a proud sponsor of
New Mexico's Animal Protection Voters Laws & Paws
bidwelllifesettlements@gmail.com
joyce.bidwell919@gmail.com
www.linkedin.com/in/joyce-bidwell-a336bb119/
Bidwell Life Settlements is a proud sponsor of
New Mexico's Animal Protection Voters Laws & Paws