Home > The Money Answers Show

On this episode of Money Answers TV, Jordan Goodman talks with Oleg Eydelman of Life Insurance Settlements, a life insurance settlement broker agency.

 

  • Selling unwanted or no longer needed life insurance policies can yield significant cash

    • ALL types of life insurance can be sold, even term

    • True value of policy is often much different than what the insurance company would like you to believe

  • Many life insurance policies become unnecessary over time

    • Families - kids grow up, become independent, finish college, get married

    • Business - owners retire, business is sold or closed

    • Estates - estate size changes, needs change

    • Estate tax planning - tax laws change

  • Determining Factors for Valuation of Your Life Insurance

    • Age of the insured

      • Can be mid-60’s or younger with severe health conditions

    • Insured’s health and health issues

    • Cost to maintain policy going forward

  • What’s involved in order to sell your Life Insurance Policy?

    • Owner fills out an app

    • Medical records are ordered

    • Bidding process begun

    • 3-4 month average turnaround

 

For more information you can reach  Life Insurance Settlements by 877-485-6681, or by visiting their website, www.fundinglife.com.

As a personal finance expert, Jordan recognizes quality solutions, forming affiliate relationships to help improve people's financial lives.

Click for more information
«Toyota wishes to thank you for your educational and inspiring presentation at our Investor Fair. Your presentation was extremely well received by all who attended and has motivated our employees to get their financial acts together. »
- Mark Smith, Benefits Manger,Toyota Motor Sales USA
«While “Making Ends Meet” is still fresh in mind, I would like to thank you, profusely, for rendering such a valuable service to Dartmouth students last evening. »
- Skip Sturman, Director, Career Services, Dartmouth College