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Senior Life Settlements is a powerful financial
tool especially designed to serve the needs of senior citizens,
by allowing them to sell their life insurance policies for
an immediate cash settlement. If you have clients that want
to sell a life insurance policy there is now a product that
can transform this future asset, or one only available to
heirs, into a current resource that can and should be managed
as part of an overall financial plan.
Additionally, this policy can open up a lucrative and untapped
market. Industry experts estimate that there is $100 billion
or more in Senior Life Insurance Policies currently in force
in the U.S. Of this number...96% of these policies are expected
to lapse!
According to the Wall Street Journal (5/15/02), 85% of the
policies that come on the market are universal life because
the premiums on these polices, which vary along with the insurers'
investments, have gotten unexpectedly high in the current
economic environment.
So for existing clients and future potential prospects here
is a product not to miss. The market is huge for seniors who
no longer need their life insurance policies or who no longer
want to pay for the premiums.
Sample Settlements:
Universal Life: Female & Male 72; Face Value $1,000,000; Cash
Value $100,000; Settlement $175,000
Term Life: Female 72; Face Value $2,000,000; Cash Value$0;
Settlement $350,000
Term Life: Male 80; Face Value $250,000; Cash Value
$0; Settlement $70,000
Term Conversion UL: Male 79; Face Value $1,000,000;
Cash Value $0; Settlement $185,000
These
compensations can be paid out to non-licensed professionals
like CPAs & Attorneys!
Van Albanese, CLU, ChFC :
TheUSBroker Life Settlement Team
Phone # 877-341-3342 toll free
Fax # 315-655 -4784
valbanese@theusbroker.com
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