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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 or individuals involved are unaware of how they are leaving money behind.
The following are a few case studies that explain and point out “leaving money on the table” especially for seniors who own a Life Insurance Policy with a face amount of $100,000 or greater.
Did you know that about 90% of most seniors who own a Life Insurance policy are unaware that their policy is an asset that can be sold 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 are a few case studies that explain and point out “leaving money on the table” especially for seniors who own a Life Insurance Policy with a face amount of $100,000 or greater.
Did you know that about 90% of most seniors who own a Life Insurance policy are unaware that their policy is an asset that can be sold 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.
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 a just a few situations. I always say, each Life Settlement Case has its own DNA… 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…It’s a no-lose proposition and please,
Don’t leave any money on the table.
We are represented in all states nationwide with a Life Settlement brokerage that has earned a long and successful track record of life settlement transactions with seniors since 1993. Bidwell Life Settlements is a licensed affiliate with this brokerage and working in all states from coast to coast. Most of all, I’m here to educate and assist seniors and their loved ones through an easy process that I will walk you through every step of the way. Moreover, I’m a proud senior myself and always enjoy getting to know fellow seniors.
For seniors and seniors advisors, there is more to share with you and I’m always available to answer questions. Please don’t hesitate to call me anytime on my mobile 505-7032-3699 or contact me at my preferred email address: joyce.bidwell919@gmail.com. Visit my website. The Blog page is full of good information.
Plus, I’m always here for you.
Kind regards,
Joyce …
BIDWELL LIFE SETTLEMENTS
Guiding Seniors to Peace of Mind
505-702-3699 ---- Direct Line
joyce@bidwelllifesettlements.com
bidwelllifesettlements.com
Don’t leave any money on the table.
We are represented in all states nationwide with a Life Settlement brokerage that has earned a long and successful track record of life settlement transactions with seniors since 1993. Bidwell Life Settlements is a licensed affiliate with this brokerage and working in all states from coast to coast. Most of all, I’m here to educate and assist seniors and their loved ones through an easy process that I will walk you through every step of the way. Moreover, I’m a proud senior myself and always enjoy getting to know fellow seniors.
For seniors and seniors advisors, there is more to share with you and I’m always available to answer questions. Please don’t hesitate to call me anytime on my mobile 505-7032-3699 or contact me at my preferred email address: joyce.bidwell919@gmail.com. Visit my website. The Blog page is full of good information.
Plus, I’m always here for you.
Kind regards,
Joyce …
BIDWELL LIFE SETTLEMENTS
Guiding Seniors to Peace of Mind
505-702-3699 ---- Direct Line
joyce@bidwelllifesettlements.com
bidwelllifesettlements.com