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Are you paying too much for your life insurance policy? Have changes in your life altered the necessity for your current death benefit or premium? Are you looking to surrender your policy or is your policy in danger of lapsing? Seniors with these questions may want to look toward acquiring a Life Settlement.
Also known as a Senior Settlement, a Life Settlement is a cash payment to the owner of a life insurance policy in exchange for the assignment of the ownership of the policy. It is a new concept that provides an exit strategy for life insurance policies that are viewed as too expensive, poor performing, or because the policies no longer meet your needs.
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