Alternative Choice Of Surrender Insurance Policy
My father bought his last life Insurance at the age of 58. He decided to take a 10 years life insurance policy. Which is will be mutual on his 68. Because he planning to retire and enjoy his life after 68 years old. I didn't know about this at the time he bought it.
After 10 years after his purchased, he was so happy to tell me that he going to have luxury returns on the insurance and request me to check the insurance detail as well. From there we only know that that Insurance policy actually was a 30 years Terms life Insurance. Which meant my father have to repay the premium until the age of 88 years old! That is ridicules. How could my father working until his 88 years old??
My father decided to surrender the insurance policy early because he doesn’t want to put a burden on us when he wasn't able to working anymore. After get the cash surrender value offers by the Insurance Company was too low. We going to lost 80% of the cash invested in this policy for the past 10 years.
From that kind of low surrender value, I was helping him to look for an alternative way to lapse the insurance policy. Going for Life/Viatical Settlements definitely will be a good choice. SecureLifeSettlements is one of the company offers purchase of old life insurance policy with average of 3 or 4 times higher then normal cash surrender value. My father is meet their requirement of over 65 years old, face amount is more then $25,000.00 and the policy have the age of 10 years old while they only request minimum 2 years old. And the best is besides getting back the higher cash value; we are totally free from charges.
If you plan to surrender your Insurance policy too, then why don't you try Life Settlement which brings you more value? The processing for free access to their Secure Life Settlements policy value calculator is pretty easy. You just need to fill up their form and wait for the verification email which usually will sent immediately. And now you even can receive $1,500 cash when go on to settle a life policy with them.
After 10 years after his purchased, he was so happy to tell me that he going to have luxury returns on the insurance and request me to check the insurance detail as well. From there we only know that that Insurance policy actually was a 30 years Terms life Insurance. Which meant my father have to repay the premium until the age of 88 years old! That is ridicules. How could my father working until his 88 years old??
My father decided to surrender the insurance policy early because he doesn’t want to put a burden on us when he wasn't able to working anymore. After get the cash surrender value offers by the Insurance Company was too low. We going to lost 80% of the cash invested in this policy for the past 10 years.
From that kind of low surrender value, I was helping him to look for an alternative way to lapse the insurance policy. Going for Life/Viatical Settlements definitely will be a good choice. SecureLifeSettlements is one of the company offers purchase of old life insurance policy with average of 3 or 4 times higher then normal cash surrender value. My father is meet their requirement of over 65 years old, face amount is more then $25,000.00 and the policy have the age of 10 years old while they only request minimum 2 years old. And the best is besides getting back the higher cash value; we are totally free from charges.
If you plan to surrender your Insurance policy too, then why don't you try Life Settlement which brings you more value? The processing for free access to their Secure Life Settlements policy value calculator is pretty easy. You just need to fill up their form and wait for the verification email which usually will sent immediately. And now you even can receive $1,500 cash when go on to settle a life policy with them.
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